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Hetzner Cloud Server Provider Bans Cryptocurrency Mining Popular German cloud hosting and dedicated server provider Hetzner has banned cryptomining on its servers after users have been using their large storage devices to mine Chia. For those not familiar with Chia, instead of mining the cryptocurrency with specialized equipment or graphics cards, it uses a new
NVIDIA Cripples Cryptocurrency Mining On RTX 3080 And 3070 Cards NVIDIA announced today that it’s halving the hash rate for Etehereum cryptocurrency mining on the new GeForce RTX 3080, 3070, and 3060 Ti graphics cards to make them less desirable for miners. The company will add “Lite Hash Rate” or “LHR” identifiers to retail product
Over $80 Million Lost To Cryptocurrency Investment Scams Since October The US Federal Trade Commission (FTC) says that over $80 million were lost to cryptocurrency investment scams, according to roughly 7,000 reports received since October 2020. This amounts to a ten-fold increase during the last 12 months, with reports showing that the median amount consumers
Crypto Exchange Glitch Causes Duplicate Purchases, Delayed Credits This week, recurring glitches on the popular cryptocurrency exchange Crypto.com caused multi-day delays for users in receiving their purchased assets. Moreover, those reattempting “declined” or “expired” transactions were charged multiple times for duplicate purchases. Crypto.com describes itself as the world’s fastest-growing crypto app with over 10 million users across 90+