Robinhood Cryptocurrency Support Raises Concerns

Robinhood has announced that they will allow zero fee Bitcoin and Ethereum (more coins to be added later) trading with the Robinhood app. Robinhood is a very popular stock trading app that allows zero fee stock trading and instant funding of your Robinhood account for up to $1,000.

While it is always nice to see a company like Robinhood offer easy access to Cryptocurrencies, this move comes with some red flags. Continue reading “Robinhood Cryptocurrency Support Raises Concerns”

How To Buy Monero

Buying Monero isn’t quite as simple as buying Bitcoin, Litecoin or Ethereum but it isn’t complicated either. This article will be a quick guide on buying your first Monero. The way described below may not be the cheapest way but it will be the simplest way to currently go from your fiat currency to Monero if you have access to CoinBase. Continue reading “How To Buy Monero”

XMRStak.com Allows You To Share and Find Configuration Examples

When I first started mining I spent hours looking for the most optimal configuration files for xmr-stak-amd and xmr-stak-nvidia. It would have been nice to have a bit of a community built solely around sharing configuration examples.

Today I have launched XMRStak.com with the hopes that it will help others save time when trying to get the most out of their video cards. Continue reading “XMRStak.com Allows You To Share and Find Configuration Examples”

Kaspersky Suggests Up To 1.65 Million Computers Mining Cryptocurrencies

SecureList, a Kaspersky owned website, recently published a report stating that up to 1.65 Million computers may be unknowingly mining cryptocurrencies. According to SecureList, the most popular methods of deploying the miners is via known exploits such as EternalBlue and also by Adware.

The most popular currencies are currencies that 1) offer privacy and 2) work well being mined via CPUs. Currently those two currencies are Monero and ZCash. One Monero address being used for the payment address, when entered into the pool it was mining to, shows a total payout of 2,289 XMR.

The article goes into much more detail on the ins and outs so check it out at SecureList.

XFX RX 550 4GB Monero Mining with xmr-stak-amd

I recently found the XFX RX 550 4GB model for sale for just $109 shipped via Amazon and couldn’t resist the price tag. I was reading people getting around 300 h/s with the cards and that works out to around 2.75 hashrate per dollar spent. Not bad at all, so I ordered two (and just ordered two more that will be here tomorrow) and started playing with xmr-stak-amd to see what I could get out of them. Needless to say, I am pleased. Disclaimer: Below I have linked to Amazon using my affiliate links. It helps fund my hobby and keeps my writing these kind of articles. Continue reading “XFX RX 550 4GB Monero Mining with xmr-stak-amd”