Items tagged with cryptocurrency mining

Oh no, Intel's discrete desktop graphics cards might not be great at mining, what in the world will we ever do!? Perhaps rejoice if you're a gamer, content creator, or anyone who has no interest whatsoever in cryptocurrency mining. At least for the time being, it appears as though Intel's GPU drivers for its Arc... Read more...
If you're thinking about mining Ethereum as a side hustle, you should probably shelve the idea for the time being because, for the most part, it's not currently profitable. There are exceptions (and caveats), but for the average user, it could end up costing more to mine Ethereum in electricity costs alone following a... Read more...
NVIDIA's high-priced flagship GPU, the GeForce RTX 3090 Ti, is a Titan card in all but name. As befits that class of card, it not only has a wide 384-bit memory bus, but also hot-clocked GDDR6X memory running at 21 Gbps per pin, giving it an out-of-the box bandwidth just shy of 1 TB/sec at 1008.3 GB/sec. Still... Read more...
Spain’s National Police recently raided what they thought was an indoor marijuana plantation. In Santipone, located in the Spanish province of Seville, the agents instead found and dismantled a cryptocurrency mining farm that was stealing electricity. [Ed note: Talk about a *shocking* discovery, eh? I'll show myself... Read more...
A year ago, NVIDIA attempted to shift the balance in the ongoing GPU crunch by discouraging cryptocurrency miners from buying some of its newest GPUs. To do this, the company introduced Lite Hash Rate (LHR) cards, with a hash rate limiter the was supposed to reduce crypto-mining performance. The technology handicaps... Read more...
It seems as though antivirus software companies don't only want to secure your computers nowadays, but your crypto mining efforts on those PCs as well. Customers of two antivirus software products have the ability to opt-in to crypto mining on their protected PCs. The world of cryptocurrency and NFTs has been... Read more...
Our headline here may be a bit tongue-in-cheek, but regardless, a data center in Chiang Mai, Thailand burst into flames the morning of December 3, 2021. The fire, which reportedly caused around 2 million baht ($60,000 USD) of damage likely has a few gamers chuckling at the irony. This data center was, in all... Read more...
Cryptocurrency mining has played a role in the GPU shortage that has been plaguing gamers for a while now trying to upgrade their own PCs. Now it seems crypto miners are feeling the pain of trying to get a GPU too, and some are targeting a particular AMD CPU for its large L3 cache. There is a plethora of... Read more...
Step aside China, there’s a new bitcoin sheriff in town! A study recently revealed that the United States currently leads the world in bitcoin mining. It has finally surpassed China, which was the undisputed leader for several years. However, cryptocurrency mining and exchanges are no longer welcome in China after its... Read more...
The only things guaranteed in life are death, taxes, and that cryptocurrency miners will figure out a way to bypass restrictions that limit their efforts in the blockchain. To the latter point, even NVIDIA's Lite Hash Rate (LHR) technology is proving no match for resourceful miners. Following up on a previous... Read more...
As winter looms, authorities in China are hoping to put the freeze on cryptocurrency mining by individuals who are operating in defiance of the crypto ban. The difficult part is catching them. Some of those who have chosen to ignore the ban and continue mining digital coins have taken various measures to fly under the... Read more...
It has been a frustratingly long time since graphics cards were routinely in stock and selling at or near MSRP. This is largely a two-part problem, consisting of (A) a global shortage of silicon, and (B) cryptocurrency miners snapping up stock. Scalpers aren't making things any better either, though if not for the... Read more...
Some kids do extra household chores, open up lemonade or baked goods stands, or recycle bottles to earn a bit of cash. Others get involved in cryptocurrency mining. Two siblings in Frisco, Texas have started their own cryptocurrency mining company and are making more than $30,000 a month. Fourteen year old Ishaan... Read more...
Nobody has been able to fully get around the hash rate limiter NVIDIA implemented on its GeForce RTX 30 series graphics cards, though the developer of NBMiner has figured out a way to restore some of the performance. And with the latest NBMiner update, the developer is claiming their software can restore up to 70... Read more...
One of AMD's add-in board partners, Sapphire, appears to have released a graphics card for cryptocurrency mining that is equipped with not one, but two Radeon RX 570 GPUs, if a new leak is not pulling our collective legs. Sapphire has made no such announcement, mind you, possibly because it wants to keep the release... Read more...
Is AMD's newly minted Radeon RX 6600 XT the most efficient cryptocurrency mining graphics card ever produced? It is probably too early to tell (considering the card only released to retail today), but according to a set of cryptocurrency mining hash rates and energy consumption figures posted to Reddit, it is the... Read more...
Have you looked up the prices of graphics cards lately? Don't do it, not unless you want to be depressed. We're not talking about MSRPs, mind you, but jacked up pricing on the part of marketplace sellers and scalpers on eBay. Part of the reason is because of cryptocurrency mining, but following a crackdown in China... Read more...
NVIDIA is hoping that applying a hash rate limiter to some of its graphics cards will help get more units in the hands of actual PC gamers, rather than miners, who the company is serving with CMP HX parts. The newly minted GeForce RTX 3080 Ti is one of those cards. It is not a great option for mining Ethereum... Read more...
Though cryptocurrency mining is becoming less profitable by the day, those who still have the hardware may as well use it. However, it sucks up a lot of energy and dumps a lot of heat, which suspiciously looks like a marijuana grow house, as it turns out. Earlier this month, police in London were tipped off to a... Read more...
China is one of the largest cryptocurrency mining countries in the world, in part due to its sheer population, cheap electricity, and easy access to electronics. This year, Bitcoin and other large cryptocurrencies took off alongside new coins like Chia, which saw immense popularity in China. Now, the Chinese... Read more...
Cryptocurrency mining was once just a way to use extra CPU cycles, but it has since become an economy in and of itself with a dark underbelly. Over the years, black-hat hackers have adapted cryptocurrency mining to make money for themselves using other peoples’ resources via malware. This year, Microsoft recorded a... Read more...
As of late, there has been a run on graphics cards due to cryptocurrency miners looking to cash in on mining for whatever coin that is the new hotness on the market. However, the next crypto-driven shortage could very well be hard drives and SSDs with a new breed of cryptocurrencies that operate by "proof of space"... Read more...
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