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Tag: GPU

Computing Rigs Powering the Cryptocurrency Mining Industry

Category: Cryptocyclopedia, News

Computing Rigs Powering the Cryptocurrency Mining Industry

Over the last one year, the public interest in cryptocurrencies and related offerings has grown manifold. Irrespective of the falling prices, enthusiasm, and curiosity for digital assets continues to  persist While a majority of individuals are more interested in investing, few move towards other operational activities, mining being one of them. Cryptocurrency mining requires specific high-end hardware and algorithms to…

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Cryptocurrency Mining Demand Leads to Mixed Results for AMD and Nvidia

Category: Altcoins, Bitcoin, Blockchain, Business, Commentary, Mining, News, Tech

Cryptocurrency Mining Demand Leads to Mixed Results for AMD and Nvidia

The cryptocurrency sector has indirectly influenced the fortunes GPU manufacturers Advanced Micro Devices (AMD) and Nvidia, with the former’s share prices increasing by 30 percent in May 2018 alone. AMD Stocks Rise on Mining Demand Since 2017, opportunistic cryptocurrency miners have started to bulk purchase GPU cards to build powerful mining rigs. While the move has augmented both profits and…

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Antminer Z9: Here’s All You Need To Know!

Category: Altcoins, Business, Finance, Mining, Tech

Antminer Z9: Here’s All You Need To Know!

In an announcement via Twitter on May 3, 2018, Chinese crypto-mining giant Bitmain launched the Antminer Z9 mini, their dedicated Equihash Miner, which targets the mining of the Equihash algorithm used by coins such as zcash, komodo, and bitcoin gold. Bitmain’s Increased Product Range The product launch comes exactly a month after Bitmain announced their ethereum-focussed application specific integrated circuit…

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Top Performing Cryptocurrencies of April: GPU, AU, HXX, and More

Category: Altcoins, Finance, News

Top Performing Cryptocurrencies of April: GPU, AU, HXX, and More

The month of April saw bitcoin gain around 30 percent, but some smaller altcoins outperformed the king of cryptocurrencies by a wide margin. Here, we detail the best performers of April 2018, give a bit of background to these coins and possible reasons for their performance. GPU Coin Rebrands to Nullex (GPU/NLX) A low-volume coin, GPU Coin surged a massive…

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Motherboard Manufacturer, ASRock, Set to Release GPU-based Crypto Miners

Category: Altcoins, Business, Mining, News

Motherboard Manufacturer, ASRock, Set to Release GPU-based Crypto Miners

ASRock is set to release a total of four GPU graphics cards that have been designed specifically to mine cryptocurrency. This makes ASRock the newest entrant to the rapidly expanding market of crypto mining hardware manufacturers that already includes names firms like Bitmain and Canaan. Cryptocurrency mining has become an integral part of the overall crypto market as the value…

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ASIC Mining and How it Is Undermining the Decentralized Nature of the Blockchain

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Mining, News, Tech

ASIC Mining and How it Is Undermining the Decentralized Nature of the Blockchain

When the mysterious Satoshi Nakamoto put forth his ideas for the creation of bitcoin in the 2008 white paper, one of the most obvious philosophies was the elimination of centralized systems and their replacement with a decentralized network. This idea was not unique to Nakamoto alone as many of the pioneers of the blockchain were unanimous in their desire to…

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Astronomer Claims Bitcoin Mining Is Preventing Mankind from Reaching Extraterrestrial Life

Category: Altcoins, Bitcoin, Mining, News, Tech

Astronomer Claims Bitcoin Mining Is Preventing Mankind from Reaching Extraterrestrial Life

An astronomer at one of the leading Universities in the world has claimed that finding aliens on other planets has become almost an impossible task to achieve these days because of the global bitcoin fever. Bitcoin Mining Taking Over In an interview with the BBC, Dr. Dan Werthimer, chief scientist at Berkeley University’s Search For Extraterrestrial Intelligence (SETI) Research Center,…

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GPU Producer Sapphire Launches New Graphics Cards For Crypto Mining

Category: Altcoins, Ethereum, Mining, News, Tech

GPU Producer Sapphire Launches New Graphics Cards For Crypto Mining

Cryptocurrency mining is making a big comeback driven by the impressive rally in digital currencies in the spring of 2017. To benefit from this increase in demand for hardware, technology company Sapphire has launched a series of new graphics cards, the first of such specifically targeted at cryptocurrency miners. Hong Kong-based Sapphire focuses on the production of computer hardware such…

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Digital Currency is Driving AMD Shares to Skyrocket

Category: Altcoins, News, Tech

Digital Currency is Driving AMD Shares to Skyrocket

On June 6, AMD shares went up more than seven percent after the company revealed that its sales volume were skyrocketing mainly because of the direct influence of Digital Currencies, such as Litecoin. The stock was the top performer in the S&P 500 on the day. It seems that the recent price surge is directly connected to digital currency ‘miners’…

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