Items tagged with cryptocurrency

If you've been keeping up with the news surrounding the cryptocurrency mining craze, then you know that there are currently two separate "tracks" on the NVIDIA side of the equation. On the one hand, NVIDIA has introduced the CMP HX Series of headless graphics cards explicitly built for mining for cryptocurrencies like... Read more...
NVIDIA said that its first CMP HX GPUs would begin shipping during Q1 2021, and it appears that at least one retailer is jumping the gun on sales. Retailer Microless listed the Palit CMP 30HX (part number NE630HX017J9-1160X) earlier this week but quickly removed the listing. The CMP 30HX is reportedly based on... Read more...
Leading up to the launch of the GeForce RTX 3060, NVIDIA made it clear that the GeForce RTX 3060 would have limitations in place to make it unpalatable to cryptocurrency miners. GeForce and Radeon GPUs are popular with Ethereum miners, which has exacerbated the GPU shortage plaguing the industry. NVIDIA's solution... Read more...
Last week we learned that NVIDIA's Ethereum crypto mining limiter might have possibly been broken. However, we quickly discovered that a GeForce RTX 3060 using the Octopus algorithm with the Conflux alt-coin was incorrectly cited as mining for ETH. Now, there is more evidence that the inevitable has finally... Read more...
When it comes to Ethereum mining, NVIDIA has been getting a bulk of the attention in recent weeks for all the wrong reasons. Its newly released GeForce RTX 3060 has a cryptocurrency mining limiter enabled (crippling performance by up to 50 percent) in hardware/BIOS/drivers, and it's rumored that future GeForce RTX... Read more...
In mid-February, NVIDIA announced that it would unleash a new GPU family called the Crypto Mining Processor (CMP HX). To ease some pressure off GeForce RTX 30 supplies, NVIDIA is pushing the CMP HX family as an excellent option for enthusiasts looking to mine for cryptocurrencies like Ethereum. As NVIDIA explained at... Read more...
Before the GeForce RTX 3060 officially launched, NVIDIA made the somewhat surprising announcement that the GPU would have a built-in hash rate limiter when mining for cryptocurrency. According to NVIDIA, this was done to limit the appeal of the GeForce RTX 3060 to crypto miners and leave more supply for the intended... Read more...
Back in mid-February, NVIDIA announced its Crypto Mining Processor (CMP) HX family. Now it looks as though AMD may be countering with some headless Radeon GPU action of its own. The news comes to us from the new AMDGPU kernel patch driver notes for Linux 5.12. The pertinent piece of information for us today is the... Read more...
John McAfee, the man behind McAfee Antivirus, has quite a long and storied history, from running for president to running from authorities. Now, McAfee is getting a few more items tacked on to his absurd life story: cryptocurrency fraud and money laundering. The Securities and Exchange Commission (SEC) charged John... Read more...
Over the past few months, we've heard many rumors surrounding the alleged GeForce RTX 3080 Ti. This is NVIDIA's next high-end graphics card that will reportedly fit in between the existing GeForce RTX 3080 and the GeForce RTX 3090. When we last visited GeForce RTX 3080 Ti rumors, it was alleged that the card would... 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...
On Thursday morning, NVIDIA made two big announcements regarding GPUs. The company revealed that it will be launching the Crypto Mining Processor (CMP) HX GPU Series specifically for the mining community. According to NVIDIA, the GPUs used in these cards "don’t meet the specifications required of a GeForce GPU and... 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...
The devastating effects of COVID-19 are still being felt throughout the world, and obviously the loss of life is the primary concern. Secondary to that, there is a big economic fallout from the pandemic in certain segments. As such, businesses are doing what they can to survive, which in some cases includes converting... 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...
Between the bots and scalpers, silicon production shortages, and yes, even cryptocurrency mining (again), gamers are having a tough time buying the latest PC and console hardware. As it applies to the latter, Ethereum is on a sharp rise, having quadrupled in value over the past three months. While depressing, it is... Read more...
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