Smaller-scale esports organizations have started using blockchain tech for distributing prize pools, but the tech is yet to be adopted by the big tournament organizers.
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Category: gamers
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Web3 gaming still a long way from mainstream adoption: Survey
In a survey commissioned by Coda Labs, 6,921 people from five countries were asked a series of questions to determine their perception of crypto, NFTs, and Web3 gaming.
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Xbox Boss Phil Spencer Skeptical About Metaverse, Criticizes Play-to-Earn Models
Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when digital gaming was largely introduced. However, Spencer criticized play-to-earn (P2E) models, stating that they create a workforce out of a kind of gamer who needs to monetize the time spent playing. Xbox Boss Phil Spencer […]Powered by WPeMatico
Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin reward mechanics which include “Solitaire,” “Sudoku,” and the game “Missing […]Powered by WPeMatico
Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm
A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm” found to date but media reports are challenging that assertion. Ukrainian Company Files Complaints Against SBU Raid on Its Facility […]Powered by WPeMatico
Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1
Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker Reports Record High Video Card Sales Supported by Crypto Miners […]Powered by WPeMatico
Get Them While You Can Gamers, Graphics Cards Prices Have Crashed
As the exchange rates for all cryptocurrencies declined this year, so did the attraction of GPU mining using graphics cards. As a result, the prices of cards that can be used for both gaming and mining have been cut drastically and leveled off, bringing them back into more affordable territory. Also Read: Censorship of […]
The post Get Them While You Can Gamers, Graphics Cards Prices Have Crashed appeared first on Bitcoin News.
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PR: Vadim Nareyko, CTO PlayHall – Technical Aspects of the PlayHall Platform
PlayHall is a blockchain platform for holding regular skill-gaming tournaments and matches between users. In skill-games, your success does not depend on luck but on your skills and intelligence. In matches and tournaments held on the platform gamers will be able to win liquid cryptocurrency, which today can be quickly exchanged for fiat money. All this makes it possible to monetize your time and skills.
The post PR: Vadim Nareyko, CTO PlayHall – Technical Aspects of the PlayHall Platform appeared first on Bitcoin News.
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UNICEF Asks Gamers to Mine Cryptocurrency for Syrian Children
The invention of cryptocurrency is a revolution in modern finance but it has far reaching implications in many other fields as well. For example, a new initiative by UNICEF harnesses the power of mining to create a new form of philanthropy. Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country Mining […]
The post UNICEF Asks Gamers to Mine Cryptocurrency for Syrian Children appeared first on Bitcoin News.
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AMD Increases GPU Production to Match Crypto Mining Demand
Responding to strong market demand, AMD is planning to increase production of graphics cards which are currently in short supply. The recently launched RX Vega GPUs have virtually disappeared from shelves, with crypto mining gaining popularity among investors and enthusiasts. The revenue from the company’s Graphics Division has reached almost a billion dollars in the […]
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