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IQM’s Quantum fabrication facility gets 35m from the EIB – evertiq.com

The loan is part of the European Guarantee Funds venture debt product introduced to provide liquidity to small and medium-sized companies affected by the pandemic.

The announcement follows IQMs disclosure in November of the opening of its first fabrication facility in Finland. The initial tranche of the EIB funds will be used for expanding the facility, accelerating material research and developing quantum processors.

"Todays chips shortage has exposed just how dependent the world is on semiconductor manufacturers in Asia. Quantum processors give us an opportunity to learn from this and become self-reliant first, and a global provider for quantum chips in the future," says IQMs Chief Executive Dr Jan Goetz in a press release. "This EIB loan supports us in building more balanced and resilient quantum development in Europe. We are already working on the most advanced quantum technology in Europe and this loan will also help us create the next-generation European quantum ecosystem."

This financing follows other news regarding IQMs open-source processor design software KQCircuits, the Q-Exa project for quantum acceleration for HPC centres, and the opening of the quantum fabrication facility. With this funding, IQM will have full control over quantum processor development and strengthen its European leadership.

IQM is building Finlands first commercial 54-qubit quantum computer with VTT, and an IQM-led consortium (Q-Exa) is building a quantum computer in Germany.

As we consider quantum computing as a sector of strategic importance, we are glad to support the Finland-based company IQM. With our financing, we not only sustain and create jobs within a highly innovative industry, but we also place ourselves squarely behind technological know-how. Europe has a strong tradition of quantum research, and funding IQM ensures that the results of this research will be put into practice in real-world innovations, adds EIB Vice-President Thomas stros.

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AV-Comparatives reveals top-performing consumer antivirus products in latest Malware Protection Test and Real-World Protection Test results – PR…

The Real-World Protection Test report can be found here:https://www.av-comparatives.org/tests/real-world-protection-test-feb-mar-2022-factsheet/

These tests examined the performance of leading antivirus solutions in order to assess their capabilities in conditions experienced every day by users around the world.

"As we see time and time again, the importance of reliable tests and trust in the products we use every day, and to keep users safe online, is imperative," said Andreas Clementi, Founder and CEO of AV-Comparatives. "As threat tactics evolve and change, and the sheer number of threats that consumers must protect against continues to rise dramatically, we find the need for product testing ever more important. Users need to have full confidence that they have the right protections in place."

"Our rigorous process is designed to provide consumers with the information they need to make the most informed decisions on the best protection for their needs."

The antivirus products used in the test are installed on individual fully patched Microsoft Windows 10 64-Bit computers, which are connected to the internet and updated each day as well as before every single test.

Real-World Protection Test

The interim results of this the Real-World Protection Test are based on a set of 362 live test cases (malicious URLs found in the field). The full report, covering four months of testing, will be released in June.

The following products (latest version available at time of testing) were tested: Avast Free Antivirus, AVG Free Antivirus, Avira Prime, Bitdefender Internet Security, ESET Internet Security, G Data Total Security, K7 Total Security, Kaspersky Internet Security, Malwarebytes Premium, McAfee Total Security, Microsoft Defender, Panda Free Antivirus, NortonLifeLock Norton 360 Deluxe, TotalAV Antivirus Pro, Total Defense Essential Anti-Virus, Trend Micro Internet Security and VIPRE Advanced Security.

The test results showed that:

While all products in the test are unanimously viewed as successful participants, AV-Comparatives does issue caution to the products with a higher rate of false positives as it can lead to a less thorough and more time-consuming user experience.

Malware Protection Test

As part of AV-Comparatives ongoing Consumer Main-Test Series, the Malware Protection Test for consumer security solutions evaluated 17 popular anti-malware programs to assess their ability to detect and block malicious files before, during or after execution. This test examines a product's ability to prevent a malicious program from making any changes to the system. The test set used for this test consisted of 10,040 malware samples, assembled after consulting telemetry data with the aim of including recent, prevalent samples that are endangering users in the field. To ensure that the tested programs do not protect the system at the expense of high false-alarm rates, a false-positive test was also run.

The products tested by AV-Comparatives were: Avast Free Antivirus, AVG AntiVirus Free, Avira Prime, Bitdefender Internet Security, ESET Internet Security, G Data Total Security, K7 Total Security, Kaspersky Internet Security, Malwarebytes premium, McAfee Total Protection, Microsoft Defender Antivirus, NortonLifeLock Norton 360 Deluxe, Panda Free Antivirus, TotalAV Antivirus Pro, Total Defense Essential Antivirus, Trend Micro Internet Security and VIPRE Advanced Security.

A total of 11 products reached the highest award level, Advanced+. These products were: NortonLifeLock, Bitdefender, Avast, AVG, Kaspersky, Total Defense, VIPRE, McAfee, Avira, Microsoft and TotalAV.

About AV-Comparatives

AV-Comparatives is an independent organisation offering systematic testing to examine the efficacy of security software products and mobile security solutions. Using one of the largest sample collection systems worldwide, it has created a real-world environment for truly accurate testing.AV-Comparatives offers freely accessible av-test results to individuals, news organisations and scientific institutions. Certification by AV-Comparatives provides a globally recognised official seal of approval for software performance.

Media Contact: Peter Stelzhammer e-mail: [emailprotected]phone: +43 720115542

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Ideas & Reality: Protecting your organizations IT systems, networks & infrastructure in a real-world way – JD Supra

How can law firms and companies best protect their most critical infrastructure: the IT systems and networks that are the backbone of those organizations?

Today, law firms and companies are subject to an array of cybersecurity risks, some predictable and some not, which can sharply impact their value, reputation, and functionality. In some cases, cyber-attacks can threaten the Information Technology (IT) infrastructure of an organization with an outright collapse.

Strengthening cybersecurity is difficult, and advanced technologies such as the internet of things and the metaverse will inevitably make things worse. Indeed, a world in which more objects are computerized and digitized is a world with more targets for cyber-criminals. Even more concerning is the unpredictability of cyber-attacks that can trigger cascading network and system failures that are well beyond existing cybersecurity policies or strategies. Not surprisingly then, the Securities and Exchange Commission proposed in March rules for companies to periodically disclose their cybersecurity risk management policies and strategy.

However, as T.S. Eliot wrote, Between the idea and the reality falls the shadow. In other words, the gap between theory and practice can be wide.

Law firms and companies do not lack strategies or ideas for strengthening their cybersecurity policies; however, many lack practical guidance on how to effectively implement these policies and put them into practice. Strengthening cybersecurity standards extends beyond installing firewalls. Indeed, one of the most effective countermeasures with which to avert cyber-threats is to implement robust strategies, procedures, and standards that can protect an organizations critical IT infrastructure while aligning with its business objectives or operational mission.

As cyber-attacks have become more sophisticated, the need to create a resilient cybersecurity framework has grown. Indeed, according to the UKs Cyber Security Breaches Survey 2022, 39% of UK businesses said they were victims of cyber-attacks within the past 12 months.

Faced with this picture, it is natural to worry most about the range of risks caused by cyber-attacks. Yet, despite these worries, these risks can be managed. In this sense, a law firm or company must broaden its cybersecurity strategy by implementing effective countermeasures in order to create a resilient cybersecurity framework. This involves a thorough analysis of the critical components of an organizations virtual ecosystem as well as identifying what could happen if any of the critical components failed or became compromised.

A law firm or company also should consider and identify the critical components of its overall computing environment and consider how each component interacts with one another. The aim is to ensure that it can identify the weakest link in its current computing environment framework by locating a weak component at an early stage and building an effective response to manage and mitigate potential attacks to its overall digital infrastructure.

Once a weak component is located and identified, it is paramount to assess what relevant cybersecurity policies and strategies need to be implemented in order the strengthen the weak component and achieve an overall secure computing environment framework. Equally important, organizations should establish which of their professionals is responsible for paying attention to the operation and security of the organizations essential components and this demands a top-down management approach. Senior managers and decision-makers should understand the driving force behind the development of an enhanced cybersecurity framework and establish a strong information security program that aligns with the organizations business objectives.

One such measure would be for the organization to create a cybersecurity strategy that captures the conditions that are required for creating a cyber resilient environment. Demonstrating strength in some of the following areas is one way of creating effective countermeasures:

Further, implementing the type of cybersecurity standards defined by the International Organization for Standardization can also be an effective tool with which to protect an organizations IT systems and sensitive data and mitigate the risks of cyber-attacks. For example, one such standard can form a blueprint for organizations to implement the necessary procedures, policies, and framework to manage a law firms or a companys information security, cybersecurity, and privacy protection; another allows organizations to protect its storage, processing, and transmission of cardholder data. In fact, that standard specifies 12 operational and technical requirements that can help organizations prevent credit card fraud and maintain a secure environment for its customers.

In todays increasingly interconnected world, where people, goods, and services move across borders, it is paramount that organizations respond to cyber-threats in a timely and effective fashion in order to protect their most critical components and to contain, prevent, and shield their most important data from being attacked, stolen, or compromised. In order to best protect their IT systems, networks, and infrastructure, law firms and companies must define, develop, and implement robust cybersecurity strategies and procedures that can achieve the right balance between concern and action.

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Plainfield cyber attack: What’s been recovered and what’s still lost, thanks to hackers? – Norwich Bulletin

PLAINFIELD The towns police department has regained access to an online state and national law enforcement database that was blocked by a crippling March cyber attack.

Deputy Chief Will Wolfburg said on Monday the department can now tap back into the Connecticut On-Line Law Enforcement Communications Teleprocessing, or COLLECT, system.

More than 180 local, state and federal agencies feed information into that system, which allows police departments to retrieve information from apair ofin-state and two national databases: the National Crime Information Center (NCIC) and International Justice and Public Safety Information Sharing Network (NLETS).

Locally, the COLLECT and NCIC systems are regularly used by police to check the status of individuals and vehicles during the course of a call, Wolfburg said.

We run a vehicle to see if its been stolen and the status of a driver, like if there are any active warrants or protective orders issued for people in a vehicle, he said. Since the (cyber attack), weve had to rely on Putnam and state police to do those kind of informational searches for us, but now were back to being self-sufficient in that area.

Putnam police Chief Christopher Ferace said helping out Plainfield didnt entail a lot of extra work for his folks.

But it doesnt matter if it did, he said. No matter how much work it takes, you do what you have to help out a neighboring department.

In mid-March, hackers gained access to police and town hall computer systems, encrypting files and holding the data hostage as part of a demand for $199,000 in bit coin. The ransomware attack affected phone lines, laptops, records systems and a host of other components.

Wolfburg said all the departments phone lines are back up, as is its email system and officer body camera capabilities. There was concern those cameras would be rendered useless as they filled up with footage without aplace to store it.

We still cant do electronic fingerprinting which mainly affects our ability to conduct pistol permit and employee hiring requests and our records system is still inaccessible, he said.

The department was poised to shift to a newrecords system when the attack occurred. The incursion and subsequent data encryption means years of report data and contact and call information including if a resident has a history of mental health issues or not cooperating with officers - is essentially lost and will have to be re-addedfrom the ground up.

Wolfburg said detectives were also forced to revisit several open investigations as computer-stored statements, reports and other information garnered during the normal course of a criminal inquiry are still inaccessible.

In some cases that meant conducting new interviews and retyping reports, he said. So, instead of six open cases, that means there are 12 now to handle.

Even though no ransom is expected to be paid to the hackers, officials said theres not much more damage that can be done going forward as the encrypted data was not exported.

First Selectman Kevin Cunningham previously said it will cost about $300,000 to upgrade 65 affected computers, as well as to add new security measures - including anti-virus protection and dual-authorization for email access - and to conduct internet security training sessions for employees.

Cunningham said several off-site departments highway, sewer and animal control were slated by end-of-day Monday to be fully back online. He said a punch-list of various recovery tasks was rapidly shrinking at town hall.

We have two outside companies helping us out and the finance department, which had a lot of back-filling of files to do, has been staying late and coming in on weekends to get that work done, he said. Were still working to re-establish connectivity to the states network.

Cunningham said an engineering firm the town works closely with had a trove of town maps on file they were able to forward.

We thought wed lost all that, he said.

Officials have not said how exactly the hackers slipped into the municipal system.

We dont think the hackers knew they were hitting a town or police department in the first place, Wolfburg said. They hit hundreds of systems and dont check in daily to see whats being done at any particular place. Theyre looking to make a quick buck and want to know yes or no if theyre going to get paid.

John Penney can be reached at jpenney@norwichbulletin.com or at(860) 857-6965

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over 11% Ransomware Hits Are Targeted At Healthcare | Mint – Mint

NEW DELHI :Though the pandemic led to rapid digital transformation in the healthcare sector, it also increased the sectors vulnerability to cybercrimes. Hospitals, pharma, healthcare and insurers companies have faced increasing attacks, since healthcare data can fetch handsome sums on the dark web. In an interview, Aimee Cardwell, chief information security officer, United Health Group, explained how vulnerable the sector is and what it needs to do to prevent cyber threats. Edited excerpts:

Do you see a major gap in the security preparedness of companies in India compared to those in the US?

The difference is not just between the US and India, but also between South America and many other different markets. It is incumbent upon each company that holds data of patients or partners to keep it secure, no matter which market they are in. Sometimes it is safer to have data in pen and paper, but then you are not serving patients as well. It is complicated, but it is important for us to ensure that we are bringing best practices to protect data in every market we are operating.

How to fight increasing instances of ransomware attacks?

More than 11% of ransomware attacks are targeted at healthcare. It depends on where the attack happens. If it happens on an individual's computer, which is often the case, those are not hard to defend. It requires us to filter emails before it comes in. More than 90% of emails that come to our servers get discarded as most of it is malware or ransomware. It reduces the burden on individuals to not click on the wrong link. But that burden on individuals is also important as sometimes that filter may miss some emails. Education is an important aspect of it. It's also important to watch the system so that we can isolate something once we detect. We want to keep the blast radius as small as possible because lateral movement is one of the things that makes it worse.

Do you think companies should pay the ransom when they fall victim to such attacks?

Most companies do pay the ransom, but most of them don't get their data back. It's like negotiating with terrorists. You can't trust them. Even if you give them the money, most systems will not get restored. Only 60% of them are restored in most instances. Many companies are attacked again by the same groups. Companies should think about what would happen if they are caught in that situation and spend money on preventive measures instead of paying the ransom.

How can healthcare companies minimize disruption after a ransomware attack?

The best way is to back up more frequently. We are talking about backing up (data) on an hourly basis and not months or weeks. The more regularly you are backing up your data, the less likely disruption will be. We used to think, the best way for disaster recovery is to have two nodes: active-active. If one node goes down, you switch over to the other one. The problem is if one of them is hit by ransomware, since they are talking all the time they both go down. So now, we are thinking about having a second node that is ready but not active. In case of an attack, we isolate the first one to limit the attack and bring up the second one.

Is the need for cyber security professionals growing? Are enough domain experts available?

Unfortunately, there are not enough cybersecurity professionals in the world. There are more than 3.5 million open roles globally right now and it is only projected to grow. It is one of the reasons why our team is global. But imagine if you are running a small hospital you may not have access to the same talent.

What about Internet of Things (IoT) devices used in healthcare? We know they can be vulnerable, doesnt that increase threats?

It is not difficult to secure IoT devices. It is just not done. It is important to know where all the devices are. There are all sorts of software that can look at all the network traffic and which device is sending traffic. We also know that IoT companies are not updating their software. Knowing where the devices are can help in preventing something bad from happening. So, if a glucose monitor is suddenly sending something different from what it usually does, it is a red flag and our systems alert us instantly about it.

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Norton Consumer Cyber Safety Pulse Report: Deception Scams On The Rise | Scoop News – Scoop

Thursday, 28 April 2022, 10:27 amPress Release: NortonLifeLock

AUCKLAND, New Zealand 28 April 2022 NortonLifeLocks global research team, Norton Labs,today published its quarterly Consumer CyberSafety Pulse Report sharing the top consumercybersecurity insights and takeaways from January throughMarch 2022, including how cybercriminals are deceivingvictims with deepfakes and crypto scams to access financialor personal information.

In New Zealand,between January and March 2022, Norton thwarted over5,708,083 threats, an average of around 62,044 threats perday.

Deepfakesare being utilised by bad actors to scam consumers andspread disinformation. The Norton Labs team has spotteddeepfakes used to create fake social media profiles, fuelcharity scams and other fraudulent ploys, and spreadpropaganda relating to the ongoing war in Ukraine, inaddition to deepfakes used simply to make funnyvideos.

Crypto scams are also trending ascryptocurrency becomes more widely adopted. Norton Labstracked over $29 million in bitcoin stolen in 2021. Itexpects this figure to continue to rise in 2022 as thecrypto markets value increases and scammers capitalise onworld events, including the humanitarian crisis in Ukraineto steal donations from philanthropic crypto investors. Newthreats emerge as cybercriminals combine tactics. Bypresenting realistic disinformation via deepfakes in aphishing scam that collects payment in cryptocurrency, aconsumer would have little to no recourse.

Scammersare always evolving their tactics to make their attacks lookmore believable, says Darren Shou, Head of Technology,NortonLifeLock. Cybercriminals are masters at profitingfrom deception, so its crucial for consumers to be awareof the latest scams and to critically analyse anythingsuspicious they encounter on the internet, whether on socialmedia or in their inbox. We are here to help consumersnavigate a changing digital world where you cant alwaysbelieve what you are seeing.

For more informationand Cyber Safety guidance, visit theNortonInternet Security Center.

AboutNortonLifeLock Inc.

NortonLifeLock Inc.(NASDAQ: NLOK) is a global leader in consumer Cyber Safety,protecting and empowering people to live their digital livessafely. We are the consumers trusted ally in anincreasingly complex and connected world. Learn more abouthow were transforming Cyber Safety at http://www.NortonLifeLock.com.

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Take a Diversified Approach to Encryption – DARKReading

Quantum computers may one day break encryption. So might stochastic magnetic tunnel junction machines, also known as spintronics. But we don't need next-generation computing power to break encryption. Its successfully happening right here and now.

Why Does Encryption Fail?There are many factors that contribute to encryption weaknesses and create vulnerabilities ready for exploitation by cybercriminals or state-sponsored actors. Chief among them is poorly implemented cryptography in terms of both the crypto libraries themselves and the way they are used. Bugs such as Heartbleed or the recent implementation error of the Elliptic Curve Digital Signature (ECDS) algorithm in Java versions 15 and above, undermine all programs based on them. The incorrect use of a library, insufficient entropy, or use of weak ciphers is a daily occurrence that impacts specific applications, making bugs even harder to find. Other encryption failings include weak passwords and certificates taken from compromised machines. Combine these techniques with harvest-now-decrypt-later attacks, and encryption technology is no longer what it used to be.

Mathematics, the Cornerstone of Encryption Extremely difficult mathematics underlie our encryption. RSA, the gold standard for public key encryption, is based on the complexity of breaking down a large number into its constituent primes. The forward problem is easy and quick to solve: Take some primes and multiply. But the reverse problem is much harder: Given an integer, which primes were multiplied to make it? Attempts to solve the problem of prime factorization dates back centuries, with Euclid of Alexandria working on specific properties of prime numbers more than 2,000 years ago.

Although no solutions have been found that work on conventional binary computers, that does not mean none exist. After more than 2,000 years of work, most mathematicians agree a prime-factorization algorithm used by a classic computer wont be here anytime soon. Peter Shor proposed an algorithm that could do composite number decomposition in polynomial time on a quantum computer breaking RSA and Diffie-Hellman ciphers but a quantum computer of this kind has not been publicly demonstrated at sufficient scale. Yet.

To prepare for the day when Shors algorithm is in play, the National Institute for Standards and Technology (NIST) has sponsored a post-quantum cryptography (PQC) competition. Now in its sixth year, the competition that began with 82 submissions is expected to announce its four finalists this year.

The remaining candidates are asymmetric-key algorithms (similar in concept to RSA) believed to be capable of withstanding the computational power of a stochastic algorithm that might run on a scalable quantum computer. The mathematical problems upon which these newer algorithms are based are much younger and have not been studied extensively.

In the field of complex mathematics centuries are common time frames. For example, Fermats last theorem took 358 years to be proven. By that logic, its no wonder we have already seen a previously unknown or unforeseen weakness revealed in Rainbow what had been the most peer-reviewed quantum-resistant algorithm now deemed unsuitable for use by NIST. Its only a matter of time, then, before new encryption standards are weakened or outright broken. This is why NIST is encouraging organizations to embrace crypto agility in their post-quantum preparedness planning.

What complicates this matter further is that we don't and won't know which methods are bearing fruit and which techniques are being used, and by whom, to break the encryption we rely on to secure our digital universe. For all we know, large-scale quantum computers are already in use. If you were a nation state or criminal mastermind and had the ability to factor large numbers into their primes, would you tell the world? This is the fundamental problem with modern encryption: We often dont know which, when, or how ciphers are compromised. However, we can say with certainty that encryption is being broken and will be broken.

Look to Wall Street and Diversify To harden IT environments and digital assets in the face of such uncertainty, we can look to Wall Street for strategic advice. To combat the uncertainties and risks associated with loans and stocks go bad, financial institutions embrace diversification. By diversifying investments across multiple asset classes, geographies, and industries, the risks of an entire portfolio imploding are minimized.

This approach can, and should, be applied by enterprise IT and SOC teams when it comes to encryption. Using and mixing/stacking multiple encryption techniques helps to keep data traveling securely even if a flaw is uncovered in one of the encryption layers. We wont always know which part of a crypto stack has been defeated and how, but it wont matter if the cryptography is sufficiently diversified.

As an industry, we need to support the simultaneous use of multiple approaches, anticipating that new crypto methods will come and go. We must mix asymmetric key technology with symmetric key technology, and transmit keys through out-of-band channels. Most importantly, we must develop agreed-on metrics and industrywide benchmarks to measure exactly how diversified our crypto strategy is.

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The SEM’s Email Encryption Market Is Estimated To Reach US$ 24.8 Billion By 2032 – Digital Journal

250 PagesSEMs Email EncryptionMarket Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

ICT companies areextensively adopting technologies such as cloud computing and artificial intelligence toensure seamless operations as teams continue working from home.Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

The report offers actionable and valuable market insights ofSEMs Email Encryption. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand ofSEMs Email EncryptionMarket across various industries and regions.

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Guy Playing Chess Thrown Out of Checkers Tournament – Hard Drive

ALBUQUERQUE, N.M. A crafty, forward thinking participant was tossed out of the local checkers tournament, when it was revealed he had been playing chess the whole time.

You think youve outsmarted me? cried Doyle Ross as he was carried out of the local checkers tournament being held at the Holiday Park Community Center. You havent seen the last of me! Ive been planning this all for months, years even! While you sit around with your pathetic little tournament and rankings, Ive got the brains to see the bigger picture!

The raving entrant was escorted out by police and told to stay away from the premises. The tournament continued on successfully, although the unfortunate incident continued to dominate the discussion of the day.

Wow, you gotta hand it to the guy, said Matt Greene, who competed in the tournament. He was really out here playing chess while we were all playing checkers. Im not sure there was any reason to do it. I mean, it was quite odd, really, the way hed shoot his one checker up the board and say, This is my rook. You cant really do that. That doesnt make you smart.

This is already the second high profile incident at the Community Center this year, after someone else was tossed out for bringing a knife into the local gun show this March.

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Cryptocurrency: The 10 best cryptos to mine in 2022 (that are not bitcoin) – Marca English

When it comes to mining, the most important factor to consider is profitability. Some novice miners, however, may misinterpret this metric: it is not solely dependent on the coin's price.

You must also consider the costs of running a cryptocurrency mining rig, as well as the amount of cryptocurrency you will be able to obtain per day, the number of blocks you must mine to make a profit, and so on.

Using a mining calculator to calculate the profitability of your future mining operation is a good idea. To see how much profit you could make per day, enter the cryptocurrency you want to mine, your hardware, hashing power, and so on.

Keep in mind that mining is a long-term investment, and due to the high volatility of the crypto market, what is profitable today may cause you to lose money tomorrow.

These are some of the best cryptos to mine in 2022:

When it comes to choosing which cryptocurrency to mine, many people choose the second most popular cryptocurrency and the original smart contracts launchpad. In most cases, however, the more people who try to mine a single coin, the more profit each of them will make - in part because each block reward is halved/tripled, etc., and in part because the coin reaches its total supply faster.

In order to recover from a DAO attack, Ethereum had to perform a hard fork in 2016. Ethereum Classic is a slightly modified and upgraded version of the original, pre-2016 Ether, as the name implies. CPU and graphics cards can be used to mine it.

Monacoin is a Litecoin fork. It is one of the best cryptocurrencies to mine with GPU miners thanks to its Lyra2RE(v2) proof-of-work hashing algorithm. All that is required is a secure hardware wallet and a hardware device capable of mining the coin.

The Lyra2REv3 proof-of-work hashing algorithm is used to create Vertcoin. This cryptocurrency is resistant to ASIC mining, which means it can only be mined using a GPU or CPU. This was done in order to ensure a more equitable distribution of the coin, as ASIC-compatible cryptocurrencies are frequently mined by centralized ASIC mining firms and pools, making the process far less democratic. To promote decentralization, Vertcoin's creators made the coin ASIC-resistant. Decentralization is one of the original ideas behind crypto.

Another ASIC-resistant cryptocurrency is ZCash. The company that created it also places a strong emphasis on privacy, which has helped it gain traction in the crypto world. Although this coin is more difficult to mine due to its ASIC resistance, it is worthwhile: the coin's (rather high) price is more stable and reliable as a result of its inability to be mined with ASICs, making it a good long-term investment.

Grin is a community-driven cryptocurrency that is completely open-source. A block of 60 grins is mined every minute, producing one coin every second, indefinitely. With a fixed block mining reward, such linear emission creates a constant increase in supply while lowering the rate of inflation. This design not only ensures the blockchain's long-term security, but also makes the mining process more equitable and democratic.

Monero is one of the most popular coins to mine, and for good reason: it has an unlimited supply, which means its mining difficulty does not rise as quickly as Bitcoin's, it has a high price, and it is among the top 44 by market capitalization. It has a bright long-term future. Monero is one of the most profitable cryptocurrencies to mine in general.

RavenCoin employs the KAWPOW algorithm. It's one of the easiest cryptocurrencies to mine with GPUs, so it's ideal for newcomers. This coin is among the top 100 in terms of market capitalization, making GPU mining a viable option.

DigiByte, which is based on UTXO technology, processes network transactions using five different independent algorithms. This technology supports a variety of mining options, including ASIC, GPU, and CPU, allowing DGB mining to be as profitable as possible.

AE uses CuccooCycle hashing to combine Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms, allowing miners to create blocks while also verifying transactions.

Due to the unique approach to the network and the speed of operation, Aeternity is currently one of the most profitable coins to mine.

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Cryptocurrency: The 10 best cryptos to mine in 2022 (that are not bitcoin) - Marca English

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