What Is Honeyminer?

GPU mining for Bitcoin is back – kind of. A new mining client and pool promises to help onboard new users to cryptocurrency by allowing them to mine effortlessly and receive small amounts of Bitcoin for their computational efforts. Honeyminer is attempting to enable non-techies who lack the specific hardware now associated with mining Bitcoin […]

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Get Them While You Can Gamers, Graphics Cards Prices Have Crashed

Get Them While You Can Gamers, Graphics Cards Prices Have CrashedAs 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 […]

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Bitcoin in Brief Thursday: Asus Creates 20-GPU Mining Motherboard

Bitcoin in Brief Thursday: Asus Creates 20 GPU Mining MotherboardIn today’s edition of Bitcoin in Brief we feature news from all over the world. These stories include a new multi-GPU mining motherboard from Taiwan’s Asu; a Singaporean businessman acquiring a Japanese exchange; some ripple-loving alleged Russian hackers shaking down Canadian banks; and a Colombian soccer star launching his own coin. Also Read: Austrian Financial Market […]

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Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million

Hong Kong Alcohol Company Buys 51% of Crypto Miner for $60 MillionRegardless 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 […]

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Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018

Cryptocurrency Mining Accounted for 10% of Amd’s Overall Revenue in Q1 2018The 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 […]

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The ‘Crypto-Heater’ Mines Digital Currency While Heating Your Home

The 'Crypto-Heater' Mines Digital Currency While Heating Your HomeA French company named Qarnot has released a new home heater called the “Crypto-Heater or QC-1” that heats a room in your home while mining cryptocurrencies. The startup says with the two graphics cards embedded in these home heaters people can “make heating a source of revenue, not an expense.” Also read: Cryptocurrency Interest Wanes — […]

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Report: Crypto Miners Bought 3 Million GPUs Last Year

Report: Crypto Miners Bought 3 Million GPUs Last YearMore 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 […]

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GPU Shortage Hinders Scientific Research – Cryptocurrency Miners Blamed

GPU Shortage Hinders Scientific Research – Cryptocurrency Miners BlamedAfter 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 […]

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Cryptocurrency Mining Demand Exceeded the Expectations of Nvidia in Q4

Cryptocurrency Mining Demand Exceeded the Expectations of Nvidia in Q4Bitcoin and cryptocurrency mining have provided a consistent and growing market for the computer hardware manufacturers that produce the relevant chips for each segment. The main player on the GPU side (in contrast to ASIC mining) in 2017 was Nvidia, but even it could not anticipate the strong demand from miners as the year progressed. […]

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UNICEF Asks Gamers to Mine Cryptocurrency for Syrian Children

UNICEF Asks Gamers to Mine Cryptocurrency for Syrian ChildrenThe 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 […]

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