GPUs – DIGIT INFO

Bitcoin Mining vs. AI Hosting: The Unexpected Parallels Unveiled

DIGIT — Fri, 18 Oct 2024 22:31:39 +0000

Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the cryptocurrency scene shifts, some bitcoin mining setups are finding fresh purpose in the fast-growing fields of generative AI and large language models (LLMs). A Closer Look at the Unseen […]

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Nansen ‘Beyond DeFi’ report highlights $3.2B market for AI services

DIGIT — Tue, 15 Oct 2024 15:00:00 +0000

The report indicated that DePIN and NodeFi may be the most profitable verticals for decentralized finance going forward.

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Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says

DIGIT — Thu, 30 Mar 2023 09:00:49 +0000

Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital coins. Developing Chatbots More Worthwhile Than Crypto Mining, Nvidia Exec Claims […]

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The economics of cryptocurrency mining: Costs, revenues and market trends

DIGIT — Sat, 18 Feb 2023 14:15:04 +0000

Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.

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A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone

DIGIT — Sun, 23 Oct 2022 21:30:16 +0000

When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011. However, prior to the first SPV client or optimized lightweight bitcoin wallet, […]

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Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum

DIGIT — Mon, 10 Jan 2022 10:30:38 +0000

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero with the car’s […]

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Demand for Mining Hardware Spikes in Russia, Prices Rise

DIGIT — Sun, 19 Dec 2021 12:00:09 +0000

The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading to rising prices. Crypto Miners in Russia Looking to Increase Computing […]

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Electric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake in 3 Years

DIGIT — Mon, 22 Nov 2021 08:00:19 +0000

On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to launch an official ECC wallet, as well as bolster the network’s cross-chain interoperability. Zcash to Change From PoW to PoS The Zcash network currently leverages […]

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14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy

DIGIT — Tue, 28 Sep 2021 03:00:52 +0000

The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets. Kid Duo Captures $30K a Month Mining Digital Currencies A 14- and 9-year-old brother […]

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Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals

DIGIT — Tue, 07 Sep 2021 21:30:54 +0000

Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales and Prices of Crypto Mining Rigs Spike in September Demand for crypto mining […]

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