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Category: GPU Miners
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AMD Could Release Its Own Crypto GPU to Mine Ethereum to Calm Down the Skirmish Between Miners and Gamers
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Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine the leading crypto asset, ten Chinese mining rig manufacturers […]
The post Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In appeared first on Bitcoin News.
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Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin Gold Hacked for $18 Million […]
The post Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends appeared first on Bitcoin News.
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The Daily: Twitter CEO Talks Bitcoin, Bitstamp Releases New Mobile App
In Monday’s edition of The Daily we cover a recent interview with Jack Dorsey where the Twitter CEO again publicly shares his views on the future of cryptocurrency. Additionally covered are a new mobile app from Bitstamp and a report about Nvidia’s revenues from the mining market. Also Read: SEC Solicits Blockchain Analysis Tool to […]
The post The Daily: Twitter CEO Talks Bitcoin, Bitstamp Releases New Mobile App appeared first on Bitcoin News.
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The Daily: AMD Takes a Hit, Johnny Depp and Wu-Tang Clan Enter the Cryptosphere
Today’s edition of The Daily showcases the impact of cryptocurrencies on the computer hardware business and the entertainment industry. Weak demand for graphics processing units (GPUs) in the cryptocurrency mining industry has hurt the quarterly performance of Advanced Micro Devices (NASDAQ: AMD), while movie star Johnny Depp and hip-hop legends Wu-Tang Clan have separately become […]
The post The Daily: AMD Takes a Hit, Johnny Depp and Wu-Tang Clan Enter the Cryptosphere appeared first on Bitcoin News.
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Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million
Regardless of what the central Chinese government tries to do or say, bitcoin and cryptocurrency remain popular investments among everyday people in China. And a new way to get exposure to the ecosystem just materialized for those with access to the Hong Kong market, a publicly traded company entered the mining industry. Also Read: This Week […]
The post Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million appeared first on Bitcoin News.
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Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018
The cryptocurrency mining industry is spread all over the world and includes everyone from small miners with a few GPUs at home to vast datacenters with both ASICs and racks of endless GPUs. As such, one of the best ways to get an overall view of the market is via the chip suppliers. And the […]
The post Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018 appeared first on Bitcoin News.
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Report: Crypto Miners Bought 3 Million GPUs Last Year
More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector. Also read: AMD Increases GPU Production to Match […]
The post Report: Crypto Miners Bought 3 Million GPUs Last Year appeared first on Bitcoin News.
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GPU Shortage Hinders Scientific Research – Cryptocurrency Miners Blamed
After gamers, scientists have now raised the alarm about the deficit of video cards caused by excessive demand in the crypto mining industry. Researchers trying to pick up radio signals from stars and extraterrestrials say they need more of the latest GPU chips for their data processing equipment. According to media reports, a leading manufacturer […]
The post GPU Shortage Hinders Scientific Research – Cryptocurrency Miners Blamed appeared first on Bitcoin News.
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