A grim wait for dozens of people still missing continues, after super Typhoon Mangkhut tore through the Philippines burying dozens of people under a massive landslide. At least 81 people have been killed and the death toll continues to rise. Recovery operations are underway but they are proving extremely difficult, especially in a region where infrastructure has always been a major challenge. Decades of unrestrained mining has made many areas of this mountain-range precarious and dangerous, leading environmental activists blaming the illegal mining for the landslides. Al Jazeera's Jamela Alingogan reports from Itogon, decades of unrestrained mining has made these tragedies all too common.
Kodak's attempt to ride the cryptocurrency wave isn't just limited to offering its own virtual coins. CES attendees have learned that Kodak has attached its name to a Spotlite-run bitcoin mining business that will lease you a "Kodak KashMiner" computer for a 2-year contract. It'll cost you $3,400 plus half of the value the machines earn, but Spotlite argues that it's effectively a license to print money. If you believe the company's math, you'd be paid $375 per month if bitcoin maintains an average price of $14,000. However, there's just one problem: the math ignores the very nature of how bitcoin works.
Australia's incumbent telecommunications provider has announced the forming of Telstra Mining Services, flagging it as a "strategic investment" in the mining, gas, and oil industry. The announcement comes as a result of Telstra acquiring the Wi-Fi and Mesh communications technology services of CBO Telecommunications, which enables designing, building, and maintaining enterprise networks used across mining sites. "The acquisition of CBO's network consulting, engineering, and services business was the next step to expand our communications business beyond the mine gate," said the head of Telstra Global Industries David Keenan. "This investment means we can confidently meet the industry's communication needs at Australian mine sites." The acquisition, which Telstra said also "has significant complementary capabilities to support the future growth of Telstra's mining-focused private LTE and public LTE (LANES) businesses", is expected to complete on June 30.
High-powered mining rigs are usually needed to mine cryptocurrency, but not if you can get website visitors to do it for you. Hackers are now injecting cryptocurrency mining scripts into web advertising platforms to make a quick buck, security researchers have found. Trend Micro wrote in a blog post Wednesday that its researchers tracked web miner traffic linked to MSN.com, a popular ad-supported home page, which was displaying an ad that was using a computer's processor to silently mine cryptocurrency in the background. Also: Hackers are cashing in on cryptocurrency mining -- but here's why they're avoiding bitcoin Hackers had injected the widely-used Coinhive code into an ad supplied by the AOL advertising network. Trend Micro alerted AOL to the bad ad, which -- two days later -- was pulled offline.