One of the biggest Chinese mining farm photos

Daily life of chinese Bitcoin minners in photoshots
13 July 2017   4094
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

ChinaFile provided photos from big chinese cryptocurrency mining farm. Photographer Liu Xingzhe traveled to Sichuan’s Ngawa (Aba) Tibetan and Qiang Autonomous Prefecture to take these pictures. 

 
Bitcoin

First decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

China and whole Asia is well known in cryptocurrency community. Blockchain technologies and especially "digital money" are very popular here. 

Bitcoin mining is very popular in China because of cheap electricity and inexpensive labor.

Tesla's cloud account hacked to mine cryptocurrency

Independent security group discovered Tesla's cloud account being hacked and infected with a miner-virus
21 February 2018   23

Cryptocurrencies are on the rise and all sorts of shady characters are trying to get in with dubious methods. Recent string of hacking attacks is a perfect example. And now not only exchanges and users with their hard-earned coins are in danger, but also companies with large cloud infrastructure face the same threat.

RedLock, a security research firm, reports that electric car manufacturer Tesla's cloud account information has been leaked to the internet, which allowed hackers to access the company's cloud. It has been hacked and hardware infected with a miner virus called Stratum. The mining protocol masks itself with low CPU usage and obscuring the IP of the mining server.

Of course, RedLock immediately contacted Tesla with this information and the company quickly got to fixing the breach. Tesla's spokesperson assured us that customer personal information hasn't been compromised, and that the vulnerability was patched in a matter of hours. Only small test park of internally-used engineering sample cars has been impacted and no indication whatsoever discovered that actual customer cars have been compromised in any way.

It certanly looks possible, because according to the same RedLock Cloud Security Intelligence group mining profitability of Tesla's cloud is worth a lot more that all the customer data available could be sold for on the black market. This also isn't the first instance of such a hack with no data being stolen. In fact, hacks with intention of hijacking mining capacity has already targeted Gemalto, a world's largest SIM-card manufacturer, and Aviva, a British insurance company, just to name a few.