Items tagged with bitcoin

Most people would never consider trying to mine Bitcoin (or any cryptocurrency) on an original Game Boy, a handheld console released by Nintendo over three decades ago. But would it be a feasible mod if someone paired a Game Boy with Raspberry Pi Pico, which is less than a year old? The answer is still no, but someone... Read more...
In February, we reported that Tesla went in on Bitcoin, investing $1.5 billion and laying the groundwork to accept payments using the cryptocurrency. Since then, Bitcoin is up over $13,000, which has earned Elon Musk’s company in the neighborhood of $480 million. Now, Tesla intends to increase its amassed wealth by... Read more...
Earlier this month, NVIDIA announced its CMP HX family of Crypto Mining Processors, which are intended for professional miners looking to make some big bucks. This week, we found out that the entry-level CMP 30HX and 40HX feature the Turing TU116 and TU106 GPUs, respectively.  Today, VideoCardz revealed that the... Read more...
Yesterday, cryptocurrency exchange Coinbase filed with the Securities and Exchange Commission (SEC) to go public with class A common stock under the symbol COIN. In the filing, the Delaware-based company listed its risk factors, including the outing of Bitcoin creator Satoshi Nakamoto, the pseudonym used by the person... Read more...
One week ago, NVIDIA announced a dedicated lineup of mining GPUs called the Crypto Mining Processor (CMP HX) Series. The company said that the "headless" cards are targeted at the "professional mining" market and that "they don't meet the specifications required of a GeForce GPU and, thus, don't impact the... Read more...
Overnight and into today, you may have seen #CashAppStealsMoney briefly trending on Twitter with several thousand tweets chiming in. This stems from Imani Gandy, who goes by the user @AngryBlackLady on Twitter, who learned the hard way that CashApp can close your account and keep the cash if you happen to violate the... Read more...
The launch of NVIDIA's GeForce RTX 3060 is just around the corner, which means that budget gamers are probably eagerly anticipating an upgrade. NVIDIA first announced its newest mainstream graphics cards in early January, and it will officially launch on February 25th. However, one thing that many people have... Read more...
Bitcoin is still on the rise, having yet again hit a new record high, this time topping $50,000 for the first time ever. It achieved the milestone yesterday morning, before dropping back below the threshold—at the time of this writing, it is trading for a few hundred bucks above $48,000, giving Bitcoin a market cap of... Read more...
Mastercard is unabashedly planing to embrace cryptocurrency payments, a decision it made after observing people using cards to purchase crypto assets with increased frequency, especially on the heels of Bitcoin's recent surge in value, the company said. It is preparing for a future in which cryptocurrency transactions... Read more...
Early in January, JP Morgan predicted Bitcoin's future price could surge upwards to $146K a coin with a market cap of around $2.6 trillion, which would rival gold as an alternative form of investment. Of course, this theory hinged on the speculation that volatility would decrease and that private companies would latch... Read more...
The graphics card shortage we find ourselves in this year is at least partially caused by cryptocurrency miners snagging mass amounts of cards with bots, or by other means. That sort of GPU gluttony does not come without consequences, however, as Iran is now finding out. With over a dozen large crypto-mining... Read more...
German authorities are sitting on a cryptocurrency gold mine that was obtained from a convicted fraudster. In this case, the man was sentenced for secretly installing cryptocurrency mining software on victims' computers, during which he managed to amass over 1,700 Bitcoin. Luckily, German police managed to capture... Read more...
Bitcoin continues to reach new heights, climbing to nearly $40,000 at the time of this writing (after reaching $20,000 a month ago), and who knows where it will stop. In the short term, maybe it reaches $50,000 by the end of the month. Looking down the road, however, at least one investment bank believes it could... Read more...
Back in late 2017, it looked like Bitcoin was on track to breach $20,000, but it did not quite get there. Even worse for Bitcoin investors, the digital currency went on a downward spiral of sorts as the crypto-market as a whole softened—by February 2018, it had dropped to below $7,000. And now? It has finally cracked... Read more...
Believe it or not, Bitcoin at the time of this writing is trading at $19,330.80, and will be probably be even higher by the time I finish writing this article. Why is that? Good question, and nobody seems to have a definitive answer. Perhaps there is no single explanation, and this is just how it goes with the... Read more...
When cryptocurrency is stolen, it tends to vanish into thin air without no obvious means for recourse. It would typically involve moving the currency across many accounts and disbursing it, so it is slowly spread out. It seems that the hackers that stole over $1 billion in Bitcoin from Silk Road creator Ross Ulbricht... Read more...
Remember when you could not find a mid-range or high-end graphics card to save your life, because the cryptocurrency miners were hogging them all? Things changed when mining in large part shifted from GPUs to specialized ASIC hardware, the cryptocurrency boom came to an end. Well, sort of. Bitcoin has held strong, and... Read more...
Sometimes, news reports regarding free money can sound a bit too good to be true – especially anytime cryptocurrency is involved. That was most definitely the case when we first heard about Satoshi’s Treasure, which is an online scavenger hunt that will net the winner a sweet prize worth $1 million in Bitcoin. The... Read more...
The cryptocurrency market is full of peaks and valleys but at the moment, it appears that Bitcoin has hit a peak. Bitcoin surged past $11,000 USD for the first time in a year. The value of Bitcoin has jumped by 13% in the last 24 hours. Although the cyrptocurrency’s value dropped slightly once the heat of the... Read more...
A hacker is making the rounds and attacking Git hosting services like GitHub, Bitbucket, and GitLab. The attacks reportedly started on May 3, and as of now, it is unclear how the hacker is gaining access to these repositories. What is known, however, is that the hacker is removing all source code and recent commits... Read more...
The cryptocurrency market has taken a beating over the past year, but if there is a Rocky Balboa among the bunch, it is undoubtedly Bitcoin, the virtual currency that just will not stay down. In fact, Bitcoin saw a sudden increase in value on Tuesday, rising 15 percent to $4,800. That is the highest value Bitcoin has... Read more...
The Bitcoin boom has generally gone bust, and as a result, we just don't hear as much about cryptocurrency as a major market mover as we used to. The value of Bitcoin and other cryptocurrencies crashed last summer, leaving many investors hurting and lots of crypto mining rigs with expensive GPUs running idle and... Read more...
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