Items tagged with ethereum

Early yesterday morning, we brought you news of a YouTuber that managed to get his hands on one of the first NVIDIA TITAN V graphics cards that shipped to well-heeled customers. BitsBeTrippin' slapped the chest thumpin' Volta-based GPU into an AMD Ryzen Threadripper 1950X system, and cranked out 70 MH/s at stock speeds and 77 MH/s while overclocked, while drawing 213W and 237W respectively. We here at HotHardware just so happen to have a TITAN V in house as well, and we are presently running it through an exhaustive battery of benchmarks. However, we were able to extract a few data points for all of you Ethereum miners out there. Using Claymore Miner (v10.2), we were able to hit 69.06 MH/s at... Read more...
We know that NVIDIA's TITAN V is a massively powerful videocard, one that we are a thousand percent confident can run Crysis, so no need to ask. But will it blend? Probably. That just leaves one question to answer—how well does it mine cryptocurrency? Pretty darn good, as it turns out. As in, almost double the mining performance (of Ethereum) of an AMD Radeon RX Vega 64 graphics card. YouTuber BitsBeTrippin' installed the TITAN V in a decked out system, swapping out a pair of GeForce GTX 1080 Ti graphics cards, and put the card to the test. The setup also consisted of an AMD Threadripper 1950X processor, ASUS ROG Zenith Extreme motherboard, Corsair H110i cooler, 64GB of G.Skill Trident... Read more...
Christmas is coming early for long-term investors in Bitcoin. The red-hot cryptocurrency has skyrocketed during 2017, most recently crossing the $9,000 threshold on Sunday. At the time, we opined that Bitcoin could be well on its way toward hitting $10,000 by the end of the year. Well, we barely made it 48 hours and Bitcoin is within a stone's throw of $10,000. The cryptocurrency hit a high of $10,086 today, before settling down to $9,950. Bitcoin is up nearly 900 percent so far this year. It seems inevitable that Bitcoin will surpass $10,000 across all exchanges sooner rather than later, allowing it to cross a big psychological barrier and hopefully push further into the mainstream financial... Read more...
If you've been following cryptocurrency news over the past few months, then you know that Bitcoin has been on an incredible winning streak. On August 26th, Bitcoin was at $4,300. Three months later, Bitcoin's price has more than doubled. At this moment, Bitcoin has breached yet another high, sitting at $9,065. At the beginning of the month, Bitcoin crossed the $7,500 threshold and hit $8,000 just over a week ago. Today's milestone shows that Bitcoin's growing momentum could allow it to hit $10,000 by year's end. This latest push means that Bitcoin's market cap is now sitting at $151 billion. BITCOIN IS OVER 9000!!!!Been saving this meme for a while 😏 $BTC pic.twitter.com/RSFWX5xY0s— Arman... Read more...
If you recently jumped on the Ethereum bandwagon, you might want to sit down for this news. A security vulnerability has been discovered in the Parity wallet service deployed by Parity Technologies. According to a security alert issued by Parity Technologies today, the vulnerability was found within the standard multi-signature (multi-sig) wallet update that was deployed with the Parity Wallet back on July 20th. A multi-sig setup requires that more than one key be used to both initiate and broadcast ETH transactions. What's astounding is the July 20th update was rushed into place after another exploit earlier in the month resulted in roughly $30 million in ETH being stolen from wallets. For its... Read more...
Something big is happening in the cryptocurrency market. Ethereum, the second largest digital coin behind Bitcoin, is receiving a major change to its codebase on Sunday, and nobody knows what exactly will happen. The update amounts to another hard fork, which for the most part have gone well for Ethereum miners and its investors. But there is always that unknown. "I expect that nothing will happen," Ethereum Foundation developer and designer Alex Van de Sande told CoinDesk. "Nothing happened with previous hard forks, except for one."Image Source: Flickr (BTC Keychain) The exception Alex refers to is when an emergency hard fork this past summer resulted in part of the Ethereum community mining... Read more...
It has been hard for months now for PC enthusiasts and gamers to find the video cards they want, because miniers have been buying them up to mine whatever their preferred cryptocurrency might be. Back in late September, we talked about prices for GeForce GTX 10 Series video cards possibly climbing due to a DRAM shortage and Ethereum miners. Now we have some new dedicated cards for miners coming to market from Inno3D that won't help the DRAM shortage, but might at least lure miners away from the cards gamers are searching for. These are P106 mining cards, which are essentially stripped down NVIDIA GTX 1060 graphics cards with no connectivity for hooking up your monitor. The cards have a scant... Read more...
Abnormally high GPU pricing has been an issue for a long time now, but things really hit a peak when AMD launched its Radeon RX Vega series last month. Immediately, the graphics cards were nearly impossible to find, and those that were in stock were found with seriously inflated prices - sometimes with a nearly $200 premium due to price gouging merchants playing the supply and demand game. Unfortunately, it also appears that consumers looking at picking up an NVIDIA graphics card are also now starting to feel the burn of a higher street price. While AMD cards are often sought out first for their cryptocurrency mining prowess (with Ethereum for example), NVIDIA's GeForce 10 series... Read more...
What is a blockchain? When considering cryptocurrencies like Bitcoin or Ethereum, it's best to first understand the underlying technology and framework that makes their existence possible. At its core, a blockchain is a what is described as a "shared ledger" technology that is used to record the complete history of transactions that have been made. More importantly, this ledger cannot be altered in any way, making it ideal for historical analysis and peer review. When it comes to everyday transactions -- be they financial, inventory or even account-based, traditionally, each party that is involved keeps a record of the transaction. Having these multiple ledgers can lead to discrepancies in transaction... Read more...
There has been a run on cryptocurrencies in the past year or so, especially when it comes to Bitcoin and Ethereum. The latter has especially been popular, with enthusiasts quickly gobbling up high-performance NVIDIA and AMD GPUs to bolster their mining efforts. While many enthusiasts and even some well-respected financial institutions have flocked to cryptocurrencies, one high-profile executive takes the stance of "Just Say No", to quote the late Nancy Reagan. JPMorgan Chase CEO Jamie Dimon isn't just down on cryptocurrencies like Bitcoin; he thinks that they are a fraud, plain and simple. JPMorgan Chase CEO Jamie Dimon (source: Steve Jurveston/flickr) Speaking at the Delivering Alpha conference... Read more...
NVIDIA’s GeForce GTX 10 Series and AMD’s Polaris family of Radeon GPUs have been popular with Ethereum miners since the start of 2017. Many of these cards have been in short supply, and the GPU market actually showed an uncharacteristic uptick in growth during Q2 because of this demand. With that in mind, all eyes are currently on AMD with its new Radeon RX Vega family of GPUs. We’ve already seen that the Vega 64 (and the Vega 56 in particular) excel at Ethereum mining once optimized. One redditor, however, has taken his optimizations to the extreme, allowing his Vega 64 to obtain a hash rate of 43.5 MH/s. S1L3N7_D3A7H was able to achieve this feat by setting the GPU core clock at 1000MHz, while... Read more...
The supply problems surrounding AMD’s Radeon RX Vega 64 flagship consumer graphics cards have been well documented. However, the Vega 64 isn’t the only new enthusiast graphics card that AMD has on deck; it also announced the slightly less potent Radeon RX Vega 56 (read our review of both cards). The Vega 56 launched this morning, and like clockwork, it sold out within minutes. Amazon was offering both XFX and Sapphire Vega 56 cards via its site, but they were quickly snatched up by eager gamers (or those looking to make a quick buck by flipping them). Both cards were listed at $399.99. Likewise, Newegg listed the XFX Vega 56 for $399.99, but it is currently out of stock. As for Best Buy, we have... Read more...
If there's one thing that's been made abundantly clear over the past couple of years, it's that if you dabble in cryptocurrency, you really need to do your homework and due diligence to make sure you don't wind up on the opposite end of an attack, or scam. Some Ethereum owners are learning this lesson the hard way this week. Enigma is a service that allows people to invest in cryptocurrency-related projects with cryptocurrency, which clearly lures in many hoping to maximize their money. Well, it also lures those who'd like a piece of that money, and are willing to get it through any means necessary. As it turns out, the means isn't too difficult. What ultimately happened here is that certain... Read more...
ASUS is releasing a motherboard with 19 PCI-Express expansion slots, and no, it is not intended for gamers who want to play Crysis (or any other title). This one is aimed directly at digital coin miners as the cryptocurrency craze rages one. Like the California gold rush that lasted from 1848 to 1855, this cryptocurrency boom has modern day miners going out in search of riches, and more tools are being made available specifically for that purpose.Cryptocurrency mining is red hot at the moment. Two of the most popular cryptocurrencies are Bitcoin and Ethereum, both of which are trading at obscenely high levels. At present, a single Bitcoin is worth $4,016 and a single Ether is worth $342.23. Ethereum... Read more...
Earlier this week, we were a bit disappointed when we heard rumors that AMD would be dropping its standalone air-cooled Radeon RX Vega 64 SKU, effectively raising its price to $599 for the foreseeable future. If this was indeed the case, it would be the ultimate case of “bait and switch”, since AMD played up the attractive $499 price point for the Vega 64 and reviews recommending the graphics card (including ours) were based on this price point. Rather than run with the story, which was originally posted by OC3D on Tuesday, we decided to reach out to AMD for further clarification. It took a few days, but the company finally contacted us with an official statement on the matter: Radeon RX Vega... Read more...
  The cryptocurrency market is red-hot right now, with Ethereum (ETH) helping to lead the charge. That surge in popularity was readily on display this week, when the Ethereum network surged past 410,000 transactions during a 24-hour period — actually, it was 410,061 to be exact. This is the highest number of daily transactions on record for any public blockchain to date. Ethereum’s performance put it more than 40,000 transactions ahead of Bitcoin’s record daily high. However, despite this performance for the record books, Ether hasn’t exactly budged much in value over the past week or so. Over the past 24 hours, Ether prices have risen around 5.74 percent to $301.93. Ether prices hit $314... Read more...
Just yesterday, we gave you a quick rundown of Ethereum mining performance on the brand-new Radeon RX Vega 64 and Vega 56 graphics cards (read Dave’s review here). Our initial testing showed both cards trailing an optimized GeForce GTX 1070 FE, while putting up total system power consumption figures that were a bit on the high side. Fortunately, just as we were expecting, AMD has released a new beta driver that provides a nice boost to block chain compute performance. The new test driver is aptly named, “Radeon Software Crimson ReLive Edition Beta for Blockchain Compute”. That sure is a mouthful, but what does it entail? AMD offers the following caveats to consider before installing the driver:... Read more...
Ethereum (ETH) has risen to become hugely popular in the cryptocurrency world over a relatively short period of time. After first appearing on the radar screens of miners earlier this year, with valuations surpassing the $400 mark in June, ETH pricing is now hovering around $300. Mining enthusiasts have built their own dedicated machines for mining Ether, with many choosing mid-range NVIDIA and AMD hardware to get the most bang for the buck and performance-per-watt. As we mentioned in our Ethereum Mining Optimization Guide, we found that the NVIDIA GeForce GTX 1070 offers a relatively high hash rate, while keeping costly power draw at bay, though AMD cards are also regular enthusiast favorites... Read more...
It has been a rough month for Ethereum. After tasting sweet highs in June and surging past $400, the cryptocurrency tanked during the month of July to the $130 mark. However, Ethereum has been on the rebound for the past few weeks. That recovery was even more apparent this morning, when it surpassed the $300 mark, if only for a brief moment. According to EthereumPrice, Ethereum hit a high of $314 earlier this morning before settling down to its current valuation of $290. That’s still a stone’s throw away from $300, but if the current rising trend continues, we may see Ethereum cruise back towards its record highs from a few months ago. The last time Ethereum was trading above $300 was back on... Read more...
It is a tough time to be a gamer in need of a graphics card upgrade. There are some excellent options for gaming on the PC, but with the cryptocurrency gold rush that has taken place over the past several months, it can be difficult to (A) find certain graphics in stock and (B) not pay an inflated price for one. Digital coin miners have created a shortage, and if AMD's Radeon RX Vega 64 proves to be a mining power house as rumored, we could be looking at a similar situation for many months to come. One of the staff members at OCUK claims the hash rate on "Vega" is 70-100 million hashes per second (MH/s). He does not specify which Vega graphics card, but it is a safe assumption it would be the... Read more...
With the boom of cryptocurrencies, many geeks have flocked to the virtual mining of Bitcoin and Ethereum. The boom in Ethereum mining recently was so massive that it was hard for gamers to find AMD Radeon graphics cards for gaming PCs because so many Ethereum speculators had gobbled up all the cards on the market. Even the co-founder of Ethereum, Charles Hoskinson, has said that cryptocurrency ICOs (initial coin offerings) are a "ticking time bomb." Part of the issue with these ICOs, which often drawn large sums of money very quickly, according to Hoskinson is that they are unregulated and sidestep safeguards required in traditional securities trading. Brad Garlinghouse, the CEO of money-transfer... Read more...
With Ethereum (ETH) rising after recently dipping below the $200 mark, cryptocurrency thieves are back in action, once again stealing a throng of tokens. The most recent theft, which hit Veritaseum’s wallet, was valued at $8.4 million. The wallet was hit over the weekend, and that’s when all hell broke loose. Veritaseum founder Reggie Middleton explained the theft on the Bitcoin Talk forums, writing, “We were hacked, possibly by a group. The hack seemed to be very sophisticated, but there is at least one corporate partner that may have dropped the ball and be liable. We'll let the lawyers sort that out, if it goes that far.” According to Middleton, the thieves took the loot, and due to the high... Read more...
Prev 1 2 3 4 5 Next