US News Nuke scientists 'mined Bitcoin on supercomputer'

05:40  10 february  2018
05:40  10 february  2018 Source:   Sky News

Fossilised spiders with 'tails' found in Myanmar

  Fossilised spiders with 'tails' found in Myanmar Scientists have discovered the fossilised remains of a previously unknown species of arachnid boasting a scorpion-like tail even longer than its body. The ancient arachnids - found in 100 million-year-old amber in a northern Myanmar rainforest - have tail-like appendages on their abdomens called spinnerets, which would have been used to make webs.At 3mm, the tail extends beyond the newly christened Chimerarachne yingi's 2.5mm body and the international scientists behind its discovery say it links today's spiders with those that lived before dinosaurs.

FSB Arrests Russian Nuclear Scientists for Using Supercomputer to Mine Bitcoin . The facility’s press release said that the efforts to mine bitcoin were “unsanctioned” as employees are not allowed to use computer facilities for private purposes “including so-called mining .”

Russia Arrests Nuclear Scientists Who Used a Supercomputer to Mine Bitcoin . The first USSR nuke was built there, and anyone who wants to enter the city must first receive permission from the Russian government.

Bitcoin's value has surged during 2017 amid a 'fear of missing out' among investors © Getty Bitcoin's value has surged during 2017 amid a 'fear of missing out' among investors  A team of Russian nuclear engineers have been arrested for allegedly using a powerful government supercomputer to mine Bitcoin. 

The number of scientists has not been specified, but they are understood to have worked at the restricted Russian Research Institute of Experimental Physics (RFNC-VNIIEF), located in the city of Sarov, Nizhny Novgorod.

Tatyana Zalesskaya, head of the institute's press service, confirmed the arrests to Interfax.

She added that she understood a criminal case has been brought against the engineers.

Supreme Court quashes all Goa iron ore mining leases, says can’t operate after March 15

  Supreme Court quashes all Goa iron ore mining leases, says can’t operate after March 15 Supreme Court quashes all Goa iron ore mining leases, says can’t operate after March 15The Supreme Court on Wednesday cancelled all iron ore mining leases in the state and said operations have to stop on March 15. The top court said fresh leases will be issued only after obtaining an environment clearance. The court was hearing a plea filed by NGO Goa Foundation. It further asked the central government to start a fresh process of auction for mining companies in Goa.

Russian security officers have arrested several scientists working at a top-secret Russian nuclear warhead facility for allegedly mining crypto-currencies. The suspects had tried to use one of Russia’s most powerful supercomputers to mine Bitcoins , media reports say.

"Using a Supercomputer to mine for bitcoin is both appalling and shocking to common sense," writes Brian Cohen at Bitcoin Magazine, noting the resource-intensive process would generate more in electricity costs than it would earn in Bitcoin .

"Similar attempts have recently been registered in a number of large companies with large computing capacities, which will be severely suppressed at our enterprises, this is technically a hopeless and criminal offence," Ms Zalesskaya added.

Bitcoin "mining" is essentially a difficult computational process that the decentralised currency uses to keep records of which Bitcoin is where up to date.

Bitcoin enthusiasts are rewarded lucratively for mining the cryptocurrency with a stash of newly minted cryptographically-signed Bitcoin.

Using a supercomputer, miners would be able to solve the complex puzzles required to create more Bitcoin much quicker than a traditional computer would have been able to.

The digital cash surged in 2017, when it started the year at about $900 (£650) and went on to top $20,000 (£14,400) in December.

Desperate scientists created a Match.com profile for a frog who may be the last of his species

  Desperate scientists created a Match.com profile for a frog who may be the last of his species There’s a chance a frog who lives in a tank in a Bolivian museum is the last of his species. But he reportedly hasn’t given…Conservation biologists haven’t given up hope either. They tend to hate watching species they study go extinct. So a group of local scientists have named him Romeo and created a dating profile for the frog on website Match.com, in hopes of endearing him and his plight to the masses.

More on the topic: Cryptocurrency mining . Nuke engineers busted trying to mine cryptocurrency on supercomputer 09 Февраля 2018 18:11. Russian nuclear scientists arrested for using supercomputer to mine Bitcoin 09 Февраля 2018 16:41.

The US National Science Foundation has suspended a researcher for using two university computers to mine Bitcoins . The researcher’s access to all NSF-funded supercomputer resources was terminated. In response to our recommendation, NSF suspended the researcher government-wide.

However, it fell as low as $5,920 (£4,250) on Tuesday, according to Bitstamp Exchange, down 13% on the previous day amid worries about a global regulatory clampdown.

The cryptocurrency was trading at £5,930 on Friday.

Related video: Bitcoin’s Loses Its Dark Web Luster (Provider: Wochit Business )

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Bitcoin Thieves Threaten Real Violence for Virtual Currencies .
Criminals have been going after big holders of Bitcoin and Ether, taking advantage of the ease with which vast virtual currency riches can be transferred.In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a young Russian man, into his apartment and kept him there, blindfolded, until he logged onto his computer and transferred about $100,000 worth of Bitcoin to an online wallet they controlled.

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