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If you are looking for an opportunity to invest in crypto mining, you have undoubtedly landed in the right place. Bitramo is quickly emerging as a popular crypto investment destination with its three mining rigs Ramo1, Ramo 2, and Ramo X that can mine Bitcoin, Litecoin, Ethereum, and Monero like no other product in the market. These miners have already carved a niche with their excellent performance, high profitability, and ease of use.
First and foremost, Bitramo miners stand apart from the competition by virtue of their superior hash power. As many of you already know, hash power is the most important factor impacting the efficiency of a crypto miner. The hash power offered by Bitramo miners has never been even heard of in the industry. Naturally, these miners can process more data per unit time compared to any other product.
Bitramo Hash Rates
   Bitcoin       Litecoin     Ethereum     Monero 
Ramo 1:             360 TH/s      30 GH/s      2 GH/s         2MH/s
Ramo 2:             750 TH/s      70 GH/s      5 GH/s         5 MH/s
Ramo X:            2250 TH/s    210 GH/s    15 GH/s       15 MH/s
Even though Bitramo miners are ultra-powerful, their power consumption is quite reasonable. This is what makes them an extremely cost-efficient investment option. Many Bitramo customers claim to have been able to earn 100% ROI in no more than a month. This may sound crazy, Bitramo has made it possible. Once you have recovered your investment, it’s time for you to start making profits.
Projected Monthly Profits
Bitcoin       Litecoin     Ethereum     Monero  
Ramo 1:              $1900           $1400         $2200          $2500
Ramo 2:              $4000           $3500         $5700          $6600
Ramo X:            $12,300        $10,500      $17,000       $20,000
There is a common perception that crypto mining is only meant for individuals with a high level of industry knowledge and experience. However, this is not true for Bitramo miners. Many of the company’s satisfied customers are common crypto enthusiasts with no prior experience or knowledge. These miners are delivered pre-configured and you can start making profits right away just by plugging them into a power socket. You don’t even need to upgrade your home internet connection because you just need a speed of 10kb/second for these miners.
Bitramo is always proactive about increasing the profitability of its customers by offering them additional benefits. All their customers receive free access to the company’s mining pool, complete insurance cover during transit, and warranty for all types of software or hardware issues.
 
 
 
 
 


If you are looking for an opportunity to invest in crypto mining, you have undoubtedly landed in the right place. Bitramo is quickly emerging as a popular crypto investment destination with its three mining rigs Ramo1, Ramo 2, and Ramo X that can mine Bitcoin, Litecoin, Ethereum, and Monero like ...

bitcoinist.com

Investment Opportunity with New 3nm ASIC Miners

The cybercrime team of the Central Netherlands police arrested a 39-year-old resident of Veenendaal on suspicion of laundering tens of millions of euros via stolen cryptocurrencies.
The police also suggested that the individual amassed his digital asset holdings through fake updates from crypto wallet Electrum.
The Latest Crypto Scam in the Netherlands
The Netherlands’ police reported the arrest of the wrongdoer on its official website. According to the investigation, once stealing amounts of Bitcoin, he repeatedly converted it into Monero and vice versa through the decentralized exchange Bisq. Thus, his fraudulent transactions were hard to be identified without thorough examination.
Local law enforcement agents, though, conducted a joint operation with the central cybercrime team to monitor specific BTC transactions and eventually traced those activities to the 39-year-old. At the time of his arrest, he was in the village of Veenendaal.
Over the course of his fraud, the police estimated that he had laundered tens of millions of euros worth of cryptocurrencies. The authorities confiscated that amount and searched his home, where they seized “data carriers” to help the ongoing investigations.
To collect his bitcoin possessions, the individual allegedly used a malicious software update for the Electrum wallet. It is an open-source BTC wallet application that allows users to manage their digital assets. Without giving additional details, the Dutch police stated:
“The funds were stolen after phishing with malicious Electrum software pushed through malicious servers.”
A few days after detaining him, the authorities sent the man home, where he remains a suspect in conducting a multi-million cryptocurrency scam.
Crypto’s Popularity Grows in the Netherlands
Cryptocurrency fraudulent schemes usually occur in regions where digital asset adoption is at a high level. On that note, it is worth noting that 14% of Dutch households have exposure to bitcoin or altcoins (according to a survey carried out by the European Central Bank). Thus, the Netherlands ranked first in that statistic surpassing countries like Belgium, Germany, Italy, Spain, and France.
Similar to other research, the ECB estimated that the rich proportion of the population finds crypto more intriguing than those in the lower income brackets. Well-educated, young men represent the largest chunk of investors, the institution added.
To limit cryptocurrency scams, the ECB (specifically its President Christine Lagarde) has suggested numerous times that the sector should function under strict rules.
The post Dutch Police Arrested a Man for Allegedly Laundering Millions With Crypto appeared first on CryptoPotato.

To cover his crime the wrongdoer supposedly converted the stolen Bitcoin into Monero and vice versa using the exchange Bisq.

cryptopotato.com

Dutch Police Arrested a Man for Allegedly Laundering Millions With Crypto

The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins.

cointelegraph.com

Huobi to delist Monero and other privacy coins, citing regulatory pressures 

Dressed up as legitimate desktop software, this sneaky malware has infected thousands of machines across 11 countries, forcing them to unknowingly mine Monero (XMR). 

Sneaky fake Google Translate app installs crypto miner on 112,000 PCs

The popular privacy coin Monero (XMR) successfully implemented a non-contentious hard fork on August 13 at a block height of 2,688,888, strengthening its security and privacy features even further. With this upgrade, Bulletproofs+ algorithm was introduced, reducing typical transaction sizes by 5%-7% and improving verification performance by 5%-7%. Additionally, a total of 16 cosigners are now required to approve ring signatures, up from 11. The wallet sync time has also been sped up by 30-40% thanks to view tags. Several other upgrades were also carried out.
The event could potentially cause XMR prices to increase, thus prompting many users to go to crypto exchanges to purchase the cryptocurrency. However, XMR withdrawals and deposits were unavailable on many platforms prior and after the hard fork, while trading remained unaffected.
Yet, the crypto community is still reeling from recent painful experiences like that of Celsius, when users were unable to withdraw their digital assets, so this time they were looking for XMR withdrawal options.
Binance, Huobi, CoinEx, OKX, Changelly were among the popular crypto platforms that suspended both XMR withdrawals and deposits.
Meanwhile, non-custodial cryptocurrency exchange ChangeNOW was one of the few ones that didn’t restrict XMR transactions whatsoever.
To find out how ChangeNOW was able to continue providing XMR exchanges which would translate into XMR withdrawals on a regular CEX that were unavailable at the time, we reached out to ChangeNOW’s head of PR, Mike Ermolaev.
Bitcoinist: Mike, thank you for taking the time to answer our questions. To get the ball rolling, please explain what ChangeNOW is and how it differs from a centralized crypto exchange for those who are new to it.
Mike: It’s my pleasure. Okay, ChangeNOW is a non-custodial crypto exchange platform, differing from centralized exchanges in this respect. First and foremost, we do not have access to users’ private keys. You might have heard that saying, “Not your keys, not your coins.” So, we don’t store your coins. With us, you will receive the funds directly into your wallet following the exchange. In other words, our basic function is to assist you in obtaining digital assets you need. It’s that simple. More than that, aside from operations with over 500 assets we offer a full ecosystem of crypto-related products and services, such as NOW Wallet, a feature-rich, non-custodial crypto wallet that is widely used.
Bitcoinist: Good to know. Let’s jump right into the subject. Despite Monero being hard forked successfully, most exchanges stopped allowing withdrawals and deposits of XMR before and after the hard fork occurred. Why was this the case?
Mike: Apparently, they had to handle all technical updates on their side, while also avoiding a liquidity crisis. The Monero network was operating smoothly right after the hardfork, so it was probably a play-it-safe moment.
Bitcoinist: I see, but ChangeNOW continued to offer XMR exchanges, which would be equivalent to withdrawing on CEXs. How did you make it happen? 
Mike: We didn’t disable XMR because we knew our users needed it, so we wanted to provide seamless access. To be honest, it wasn’t an easy ride because we had to balance out liquidity from reserve exchanges and relied on our own liquidity pool to keep things going. Our partner Cake Wallet also helped us with their liquidity.
So basically, we collected liquidity from all corners of pools, entering and exiting different providers’ doors one by one  – a true spirit of adventure. It is good to have so many of those doors, as they definitely benefit our users.
Bitcoinist: Is that right that XMR exchanges weren’t shut down on ChangeNOW at all during the Monero hard fork?
Mike: We only stopped them for four hours during the hard fork itself on August 13 to make sure that we were on the right side of the fork following the upgrade and that payouts and deposits were processed correctly.
Aside from that, we kept offering our users limitless XMR operations through all this time. It’s always like that with forks – they have a great influence on the coin’s price (check out Ethereum chart in the run up to the upcoming Merge), and people want to take advantage of it, buying, selling or exchanging the coin, depending on its price move.
Bitcoinist: Have you dealt with any similar cases like that before? 
Mike: This situation somehow reminds me of ChangeNOW’s experience with Dogecoin in early 2021 when it went in an upward spiral after being heavily hyped. While other exchanges disabled it, we continued processing it at favorable rates for users, albeit at a great loss for us. We have since learned our lesson and have greatly improved, including adding more liquidity providers and capacity to handle periods of market volatility. So this situation with XMR was definitely something we were prepared for.
Bitcoinist: Apart from getting off the right blockchain, what could hypothetically go wrong during a hard fork?
Mike: Hard forks are fundamental upgrades to the blockchain that are backward-incompatible. It’s not as simple as a straight line. The previous rules and structures of a cryptocurrency become invalid. To be compatible with the new version, all users, nodes, and blocks mined previously must be upgraded. It is possible that there will be hitches in the network’s consensus mechanism, like during the Berlin upgrade for Etherem, which took 12% of the network’s nodes offline shortly after the upgrade.
Bitcoinist: That’s very interesting! Mike, thanks for your insightful explanations, and best wishes to ChangeNOW. 
Mike: You’re welcome! Thank you!


The popular privacy coin Monero (XMR) successfully implemented a non-contentious hard fork on August 13 at a block height of 2,688,888, strengthening its security and privacy features even further. With this upgrade, Bulletproofs+ algorithm was introduced, reducing typical transaction sizes by 5%...

Monero price	$141.06
Low - High 24H	$140.13 - $144.54
Market cap	$2.56B
Volume 24H	$43.23M
All time high	$542.33 -74.16% January 9th 2018
All time low	$0.216177 64724.31% January 14th 2015
Genesis date	N/A

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