Bitmain’s new Ether ASIC mining rig may not fix GPU shortage after all
A new Ether ASIC mining rig is on the way, but will it help ease Nvidia’s GPU problems? Go to Source Powered by WPeMatico
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Nvidia triples revenue forecast for crypto mining GPU sales
The California chipmaker says Q1 financials for fiscal 2022 are on track to surpass initial estimates with demand for crypto mining graphics cards on the rise. Go to Source Powered by WPeMatico
Hut 8 Purchases $30M Worth of Nvidia’s GPU Miners, Looks to Push Capacity to 1,600 Gigahash
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash. Hut 8 Purchases $30 Million Worth of Nvidia’s Dedicated … Read more
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
Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says CFO
A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia’s history, as the stock hits all-time highs. Go to Source Powered by WPeMatico
Nvidia’s GeForce limits hash rate to divert crypto miners to new CMP line
The California chipmaker says GeForce RTX 360 is for gamers, not cryptocurrency miners. The latter camp will get its own CMP mining infrastructure in the near future. Go to Source Powered by WPeMatico
GPU hardware firm riles gaming community by flirting with crypto miners
Hungry for coin? A computing hardware firm has angered gamers after apparently marketing the already scarce Nvidia RTX 30 series to cryptocurrency miners. Go to Source Powered by WPeMatico
Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether
Chinese GPU miners are apparently buying up Nvidia’s new GeForce RTX 30 laptops to set up ETH mining farms. Go to Source Powered by WPeMatico
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
