Nvidia Mining GPU to Be Launched Sooner Than Expected, Reports 

New Reports suggest that Nvidia is going to launch a mining GPU sooner than previously expected. The graphics unit comes with features that cryptocurrency miners will find attractive. According to leaked specifications, the Inno3D card is based on the gaming GeForce GTX 1080 Ti.    Also read: New Player Asrock Said to Enter the GPU … Read more

Large Mining Farm Discovered in Abandoned Russian Factory

A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment.    Also read: Bitmain Opens Repair Center … Read more

Bitmain Opens Repair Center in Russia

Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping.   Also read: Ant Creek: … Read more

Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed

From wrecking the environment to making it harder to search for alien life, cryptocurrency mining has been blamed for a multitude of sins. But to cause time itself to slow down is a fresh charge and one which, on the surface, sounds impossible. Something strange is happening in Central Europe right now: clocks are running … Read more

New Player Asrock Said to Enter the GPU Mining Market

Another major hardware producer may venture into the GPU market very soon. Motherboard manufacturer Asrock is reportedly going to offer new products for cryptocurrency mining in April. Currently, the company enjoys strong demand from crypto miners for its motherboards. Mining equipment shipments boosted its sales in 2017. Also read: GPU Producers Fear Drop in Demand … Read more

More Belarusians Search “Crypto”, Question “Legalization”

Interest towards cryptocurrencies in Belarus has increased significantly in the past year. Topics related to bitcoin, mining, and blockchain have been popularized by media. Belarusians are searching for more crypto information online, but there are some key questions search engines are unable to answer: Will ordinary citizens benefit from the upcoming legalization? Are they going … Read more

Kaliningrad Offers Tax Breaks to Attract Bitcoiners

Crypto regulations have not been adopted in Russia yet, but a string of words and deeds suggests that Moscow may take full advantage of the “phenomenon” in order to uphold national interests. Ideas and proposals to attract businesses and human capital in areas of strategic importance across the vast country have been circulated by officials … Read more

GPU Producers Fear Drop in Demand from Crypto Miners

Reports concerning major manufacturers of graphics processing hardware have indicated expectations of decreasing demand in the cryptocurrency mining sector. Nvidia is unlikely to unveil new video cards in the coming months, while AMD has shared concerns of dropping GPU sales in 2018, blaming the crypto market and regulatory risks.    Also read: Report: Crypto Miners … Read more

Russian Ministry Offers to Set Up Crypto Exchange for Miners

Russia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions … 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