AMD Won’t Restrict Crypto Miners From Using Its Graphic Cards

Major chipmaker Advanced Micro Devices (AMD) keeps making headlines amid the battle between crypto miners and PC gamers. Now, the company seems to have made a step forward to become friendlier to those with crypto mining purposes. AMD Doesn’t Want to Follow Nvidia’s Path According to a PC Gamer report, citing a product manager from … Read more

AMD Could Release Its Own Crypto GPU to Mine Ethereum to Calm Down the Skirmish Between Miners and Gamers

A U.S. multinational semiconductor company could be preparing the ground to release its own series of cryptocurrency mining processors. AMD is reportedly looking to introduce a GPU for mining Ethereum. AMD Navi 12 Won’t Have Video Outputs According to PC Gamer, the AMD Navi 12, a graphic processing unit (GPU) first introduced exclusively for Apple … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more