Monday, August 20, 2018

Tag Archives: Mining

Bitmain
Hardware News

Chinese Mining Company Bitmain Has Higher Profits Than NVIDIA

According to a recent report Chinese mining hardware giant Bitmain has had higher profits in 2017 than long-time GPU giant NVIDIA. A report published February 21 from investment research company Bernstein, says that the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in 2017, whereas NVIDIA made about $3 billion during the same period.

Web News

US and UK Government Website Infected With Crypto-Mining Malware

It seems that potentially thousands of websites run by U.S. and UK government agencies were infected Sunday with malware that caused visitors to secretly mine cryptocurrency. Government websites are already known for being slow and having horrible out-dated web design standards, and now they are embedded with crypto-mining malware that slows things down even more.

Hardware News

Samsung Confirms They Are Working on Mining Chip

As we reported last week, Samsung has entered volume production of a crypto-currency mining ASIC. These reports have been confirmed today by Samsung themselves, stating that they have entered the mining ASIC manufacturing market. The report last week mentioned an "unnamed client from China", who placed a massive order for a crypto-currency mining ASIC. This news was later somewhat confirmed by Samsung's latest earnings report, which did mention a higher than expected revenue in the semiconductor business due to "Samsung's acquisition of new China clients".

AORUS GeForce GTX 1080 Ti Xtreme Edition 11G Graphics Card
Hardware News

NVIDIA Tells Retailers To Sell GPUs To Gamers, Not Miners

Cryptocurrency mining is something that flourished in 2017 and it does not look like it is slowing down in 2018. With Cryptocurrency miners grabbing up all of the available graphics cards it is really hurting those who want to build their own gaming PCs. If you haven't noticed graphics card prices have sky-rocketed over the past couple of months. I simple search for a GTX 1080 Ti returns cards going for $1200-$1400 on Amazon!

Web News

Bitcoin Mining Pool Nicehash Hacked, $68 Million Gone

It looks like we have another high-profile hack that has hit Bitcoin. The cryptocurrency mining pool Nicehash has confirmed that they suffered a hack where users wallets have been cleared out. The hack has transferred 4,736.4281 BTC in total ($68 Million USD) to the unknown party's (the perpetrator's, almost certainly) wallet.

1 2 3
Page 1 of 3
Advertisment ad adsense adlogger