SONM is rolling out crypto-IaaS platform

It's been 5 months since MVP was released and SONM is now preparing to launch a testnet version on May 30
23 May 2018   730

After a lot of work and refinement of the platform, SONM is launching a new version of its system on May 30. A test network will be active for a month to collect all the necessary feedback, make improvements and then launch the system on a production livenet on June 30.

The complete version will provide IaaS and allow running Docker containers. The live version is dubbed 'Crypto-IaaS' as it provides the nourishing environment for crypto-projects and cryptocurrency payments. Generally speaking, any task could be handled by the system, but due to a significant GPU pool in SONM structure the focus is crypto projects.

SONM IaaS platform provides

  • computational and storage resource (CPU, GPU, HDD, RAM);
  • cost-efficient alternative to cloud services;
  • decentralized computing network;
  • scalability on demand;
  • Docker compatibility

People owning mining equipment, servers and perhaps even data centers are encouraged to join the system with beneficial conditions. At the moment of publication, SONM market parameters are as follows:

Average price 0.233665 USD
Market cap 84,025,934 USD
Volume (24H) 3,182,480 USD

Chinese Miners to Fall Victims of Ransomware

Looks like ransomware came together with "improved" firmware, that should "overclock" device
21 January 2019   79

In China, a ransomware spreads, victims of which are Bitcoin miners. The damage from its activities is measured in tens of thousands of dollars. This is reported by Trustnodes.

The virus infects miners, released by Bitmain, and requires you to send 10 bitcoins, otherwise threatening to cause overheating of the device.

The problem is solved by formatting the SD card of the infected device, however, as Trustnodes notes, the whole process can take up to four days, while malicious software rapidly spreads to the other miners.

Compromised device
Compromised device

Probably, the virus comes with an "improved" firmware for miners. Some owners install such firmware to “overclock” their ASIC devices and improve their performance.

The first messages about the virus refer to August last year. In particular, Antminer S9, T9 and even L3 + for Litecoin were attacked. Over time, the malware has been improved. Now its distributor himself can decide when to display a message requesting a ransom. One miner also said that one night the address to which the 4,000 devices belonging to him sent the mined cryptocurrency was changed to the address of the hacker, which brought him $ 8,000.