Items tagged with cryptocurrency

Elon Musk giveth, and Elon Musk taketh away. Such is the case with Dogecoin, the "joke" cryptocurrency that has been on a dramatic rise during 2021 (especially during the past month). This past Wednesday, Dogecoin hit a high of $0.53, a dramatic surge from January 27th when it was trading at a minuscule $0.0075. The... Read more...
Cryptocurrency mining seems to be just one factor behind the shortage of graphics cards on the market today, and many gamers have rejoiced at anything that might make cards more accessible. Limiting mining on consumer cards is a big deal for manufacturers, too, since they want to sell their own specialized CMP lineups... Read more...
Dogecoin may have started out as a joke cryptocurrency, but some investors who took it seriously are laughing all the way to the bank. That's because it just hit a new high, surging 30 percent in the past 24 hours to reach $0.53 cents. A small amount compared to crypto like, say, Bitcoin and Ethereum, but bear in mind... Read more...
This weekend, we brought you the news that the emerging Chia cryptocurrency is increasingly gaining in value, which has attracted an influx of new crypto miners. Chia is mined using unused space on your HDD or SSD, so it stands to reason that crypto miners are gobbling up these storage devices at a rapid clip to store... Read more...
Gamers looking to purchase a current-generation graphics card from NVIDIA or AMD at MSRP have found the task damn near impossible. There are several reasons for this phenomenon, including the immense performance that these graphics cards provide in games; the resulting demand from gamers eager to get their hands on... Read more...
Cryptocurrency mining has been a bane on gamers hoping to score a graphics card at fair market value, but just wait until the storage market dries up, too. Perhaps (hopefully) it will not happen. It depends on the long term impact of Chia, a type of cryptocurrency that is mined with unused storage space instead of... 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...
It is currently a horrible time for enthusiasts looking to build a new gaming rig or upgrade an existing one. Demand far outweighs supply for current- and even previous-generation graphics cards like the GeForce RTX 3080 and the Radeon RX 5700 XT, respectively. We can blame this shortage partially on cryptocurrency... Read more...
No platform is 100 percent secure, and lest anyone need reminding of that, a Mac malware campaign with Xcode developers in its sights has been modified to infect systems outfitted with Apple's fancy new M1 silicon. The end goal of this particular malware is to rob Mac uses of their cryptocurrencies, by stealing login... Read more...
PayPal is doing its best to bring the world of cryptocurrency into the mainstream. A couple of weeks ago, PayPal added a "Checkout With Crypto" option to its payment service, and now it is bringing Venmo into the fold. For as little as $1, anyone with a Venmo account can buy and sell four different types of... Read more...
Mining cryptocurrency is just one small part of the problem that plagues the semiconductor industry related to chip shortages, with the increased demand for GPU compute power. However, NVIDIA has been catering to this market in hopes of alleviating demand pressure on gaming graphics cards with its CMP HX family of... 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...
When people think of cryptocurrencies, they typically think of the big players like Ethereum or Bitcoin, both of which hit new heights this year. Besides these two major cryptos, there is a whole world of alternates out there that people have created, including a smaller meme-coin called Dogecoin. This coin was... Read more...
We reported earlier this week that NVIDIA would ship a new revision of the GeForce RTX 3060 desktop GPU -- GA106-302 -- that will put more stringent measures in place to cripple mining for cryptocurrencies like Ethereum (ETH). While the newest GeForce RTX 3060 offerings will likely be the first of these fortified... Read more...
It looks as though NVIDIA will take another stab at a cryptocurrency mining limiter for its GeForce RTX 3060 after its current solution was defeated via multiple methods. The current GeForce RTX 3060 features the GA106-300 GPU, but a report alleges that a newer revision, GA106-302, is on the way to reenable the... Read more...
We got our first look at Gigabyte's first NVIDIA CMP HX card back in early March when a single photo leaked. Today, Gigabyte is ready to get official with the cryptocurrency mining card, designated as the NVIDIA CMP 30HX D6 6G (GV-N30HXD6-6G). As we had already surmised, the CMP 30HX D6 6G is based on NVIDIA's Turing... Read more...
It doesn't take a rocket scientist to figure out that cryptocurrencies are soaring to new highs. The valuation increases have also brought in a wealth of individuals and companies looking to cash in by mining for cryptocurrencies like Ethereum with GPUs that gamers would have otherwise bought. The huge cryptocurrency... Read more...
Late last month, we reported on a trend of rising cybersecurity incidents worldwide that could lead to the end of some businesses. Now, the latest cyberattack victim is Microsoft-owned GitHub, with reports of cybercriminals leveraging GitHub cloud infrastructure to mine cryptocurrency. Since at least the Fall of... Read more...
NVIDIA hoped that the GeForce RTX 3060 would represent a new era for long-battered gamers, during which cryptocurrency miners wouldn't rain on their parade by hoarding cards. Through a combination of drivers, BIOS, and hardware modifications, NVIDIA limited the Ethereum hash rate of the GeForce RTX 3060 by roughly 50... Read more...
Cryptocurrency is slowly but surely growing in popularity with a broader global audience. Now that Elon Musk has begun to accept Bitcoin for Tesla purchases, that trend is only going to continue. As such, PayPal is jumping on the bandwagon of accepting crypto as a payment method for anything. Perhaps people will... 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...
Over the weekend, we heard a report that NVIDIA could repurpose its flagship Ampere A100 GPU for mining purposes. According to the rumor, the new GPU would sit atop the CMP HX family of dedicated mining GPUs. At the time, we had some serious concerns about the possibility of an A100-based CMP HX card, mainly with... Read more...
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