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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: GPU

Is At-Home GPU Mining Dying?

Category: Altcoins, Bitcoin, Ethereum, Mining, News, Platform, Tech

Is At-Home GPU Mining Dying?

On November 14, 2018, quantitative trading firm Susquehanna published a report on the state of the digital currency mining sector. More specifically, the report focused on the Ethereum network and its steep decline in profitability. No Profitable GPU Mining on the Ethereum Network According to the report, Susquehanna found that profits from participating as a miner on the Ethereum network…

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Ether Mining no Longer Profitable as Hashrates Decline

Category: Altcoins, Blockchain, Ethereum, Mining, News, Platform, Tech

Ether Mining no Longer Profitable as Hashrates Decline

Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one. Crypto enthusiasts will remember the euphoria…

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AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets

Category: Altcoins, Bitcoin, Mining, News, Platform, Tech

AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets

According to its quarterly financial results report, the American semiconductor manufacturer company AMD had almost negligible sales of blockchain-related graphics processing units in Q3 of 2018. The financial report was published on October 24, 2018. Financial Figures in the Report Per the report, AMD’s revenue for Q3 of 2018 rose to $1.65 billion, which is a decent 4 percent increase…

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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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