Nicehash Security Breach – $62 million stolen!?

Nicehash, the extremely popular and easy to use mining platform, suffered a major security incident on Wednesday. The entire contents of its Bitcoin wallet (rumoured to be totalling $62 million) was emptied by hackers and transferred to what is thought to be this address. Nicehash have released a statement saying: Unfortunately, there has been a security

Where we have been, Bitcoin Boom and more!

It’s been exactly a month since we last posted an update on here, but hopefully our reasoning is justified below!   First of all we have been busy ironing out bugs and advertising our Burst HDD Mining Pool, which we are pleased to say is now successfully winning blocks and – due to our small

Bithumb Monero trading begins as price climbs

As successfully predicted in our last post, the price of Monero has increased even more after Bithumb began trading today. Enticing it’s members to make deposits with special bonuses and premiums, the South Korean exchange helped make Monero become the 5th most valuable currency (up from 11th), while also contributing to its rise to over

Monero soars to new high of almost $100!

The price of Monero had been pretty stable at around $40-$50 for the past few months. This all changed in the past 24 hours though, as the currency’s worth jumped over 50%. At the time of publishing, it is currently trading at ($87) The reason for the increase was due to the South-Korean exchange Bithumb – the

RX Vega is here! – What does this mean for mining?

August 14th – A day that could potentially go down in mining history Today was the day that AMD released their next generation Flagship GPU – the RX Vega 64. Although AMD stated that there would be enough stock for ‘both miners and gamers’ supplies were soon wiped out, presumably by the same miners that