What kind of malware is BitCoinMiner? BitCoinMiner is a generic name of cryptocurrency-mining viruses . On first glance, the name suggests that these viruses mine only Bitcoin cryptocurrency, however, cyber criminals also attempt to mine other cryptocurrencies, such as Monero, Ethereum, etc.
Read moreAre Bitcoin miners illegal?
You may want to look into local regulations where you live, but for now, bitcoin mining is legal in the U.S. and most other countries .
Read moreIs bitcoin mining legal in the US?
There are few, if any, jurisdictions in the U.S. where possession of cryptocurrency is illegal . Plattsburgh, New York, however, is likely the only city in the U.S. to impose a ban (temporary) on cryptocurrency mining. Also, the U.S. Marine Corps banned crypto mining apps from all government-issued mobile devices.
Read moreHow do Beginners mine bitcoins?
Bitcoin mining for beginners: A step-by-step tutorial on how to mine Bitcoins
Read moreWhat is Bitmain mining?
Bitmain is a vertically-integrated company . It makes its own chips for mining rigs, which are sold to end customers. It also uses them in equipment for cryptocurrency mining farms. Bitmain is a dominant player in the mining equipment business.
Read moreAre Bitmain miners good?
Best for industrial mining. The Antminer S19 Pro ASIC Bitcoin miner hardware is currently the best cryptocurrency mining hardware with which to mine Bitcoin and other SHA-256 cryptocurrencies. This is given the highest hash rate, efficiency, and power consumption.
Read moreHow long do Bitmain miners last?
The lifespan of the Bitmain S19 Pro or the Whatsminer M30S+ is expected to last four years till the next halving. It might even be longer this time with Moore’s law seemingly slowing down. Here is a quick comparison of the two current leading mining machines.
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