News Posts matching "Blockchain"

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AMD President and CEO Dr. Lisa Su to Deliver COMPUTEX 2019 CEO Keynote

Taiwan External Trade Development Council (TAITRA) announced today that the 2019 COMPUTEX International Press Conference will be held with a Keynote by AMD President and CEO Dr. Lisa Su. The 2019 COMPUTEX International Press Conference & CEO Keynote is scheduled for Monday, May 27 at 10:00 AM in Room 201 of the Taipei International Convention Center (TICC) in Taipei, Taiwan with the keynote topic "The Next Generation of High-Performance Computing".

"COMPUTEX, as one of the global leading technology tradeshows, has continued to advance with the times for more than 30 years. This year, for the first time, a keynote speech will be held at the pre-show international press conference," said Mr. Walter Yeh, President & CEO, TAITRA, "Dr. Lisa Su received a special invitation to share insights about the next generation of high-performance computing. We look forward to her participation attracting more companies to participate in COMPUTEX, bringing the latest industry insights, and jointly sharing the infinite possibilities of the technology ecosystem on this global stage."

ASRock To Demonstrate Latest Motherboard, Graphics Card, Blockchain Solutions At COMPUTEX

ASRock, a global leader in motherboard, graphics card, and small form factor PC, today announced that it will demonstrate its Intel and AMD series motherboard, Phantom Gaming series graphics card, and blockchain solution at COMPUTEX Taipei 2018, from June 5 to June 9, 2018.

The cutting edge computing solutions will be part of ASRock exhibit, showcasing its latest technologies and solutions addressing the demands of daily computing, gaming, and blockchain computing applications, including:
  • Intel 300 series motherboard;
  • AMD B450 series motherboard;
  • Latest Phantom Gaming series graphics card;
  • The world's leading solution for blockchain and high performance computing;
  • Small Form Factor Solution equipped with Intel 300 series chipset and Mini-STX motherboard.

AMD Corrects Analyst's Cryptomining Revenue Estimate in Defense of Its Share Value

AMD has gone on to publicly call attention to what it considers to be erroneous information put forward by Susquehanna analyst Christopher Roland. The analyst's report, which prompted the reclassification of AMD and NVIDIA's share targets - and investment ratings. Looking to stem what could translate to lower confidence from investors in its share outlook for the future, AMD has now gone on to clarify that mining revenue actually accounts for single-digit amounts entering the company's coffers, and not the 20% previously mentioned by the analyst.

AMD was dealt a worse hand than NVIDIA on Cristopher Rolland's analysis, since the perceived AMD exposition to a negative downturn on the GPU cryptocurrency mining market (kickstarted by the expected entrance in the market of Ethereum-specific ASICs) was double that of NVIDIA (20% on the former versus 10% on the latter). As such, the company has tried to remind customers, investors, and would-be investors that they appreciate the time and attention that investors continue to pay to Blockchain and cryptocurrency, but "(...) we [AMD] would also like to keep it in perspective with the multiple other growth opportunities ahead for AMD." You can read the AMD statement in full after the break, under the title "The View from Our Corner of the Street".

Some Blockchain in My Voting, Please: Sierra Leone Implements Innovative System

Putting aside discussion of cryptocurrencies, bubbles, and the debated absence of intrinsic value, blockchain itself has a myriad of uses that are still in their exploration infancy. One such usage - one that was arguably first thought of by Philip K. Dick, albeit unknowingly - was the usage of such a system in voting, as a way to provide transparency and trust towards the system which (supposedly) materializes the will of the people.

When asked which country would be the first to implement a Blockchain-based election (which ran at 70% of the voting stations), Sierra Leone would likely be completely absent as an option. The country, which has a population of 7.4 million, has a known history of political and societal unrest, having seen multiple UN interventions in its (relatively) recent history. The company had no technological capacity to build such a blockchain-based voting system - and thus turned to an outside provider. Agora was the chosen company, which aimed to power Sierra Leone's presidential election through anonymously stored votes in an immutable ledger, thereby offering instant access to the election results. The wins come not only in counting speed and actual logistics and state spending improvements, though: the usage of blockchain obviously also ushers in transparency.

SEC Starts Cracking Down on ICOs

Even as we reported, earlier this week, that there's a veritable digital grave of failed ICOs (either through bad management or by design) that have taken millions of dollars with them, news is breaking that the SEC (Securities and Exchange Commission) has started cracking down on these blockchain-fueled practices. According to the Wall Street Journal, citing "people familiar with the matter", the outfit has issued a number of subpoenas and information requests to technology companies and advisers involved in the ICO practices.

The SEC's intention here is to see whether or not any of these ICOs have been designed and offered in ways that contravene the established securities trading practices and regulations (heads-up: many of them most likely have). More specifically, the SEC is demanding information regarding the structure of ICO sales and pre-sales - where many of these actually fall apart in their transparency. According to former SEC commissioner Dan Gallagher, "We're seeing the tip of the iceberg ... there is going to be a ton of enforcement activity". Naturally, the very nature of the blockchain and ICO startups can simply build themselves up in ways that prevent them from ever being identified - after all, fake websites, media accounts, and white papers are all relatively easy to forge, and considering the current state of the cryptocurrency and ICO market (which has improved compared to last year), some users are always bound to be caught in the net.

Venezuela Oils Its Economic Gears With "petro" Cryptocurrency Launch

Blockchain technologies will eventually change the world, eventually. Whether or not cryptocurrencies will be part of that world, however, is still up for debate. Venezuela, however, is looking to reap dividends from the current cryptocurrency craze before the final answer to that question has a chance of being answered. As the country has entered a severely crippled economic and civil state, the search for a way to raise government funds has led to the development of the petro cryptocurrency - which is linked, as one would expect, to the country's primary export and income source: oil.

As part of the petro pre-sale, investors were being offered $60 petro tokens at discounted rates that they can exchange for actual petros during a planned Mars ICO (Initial Coin Offering). After that ICO has been gone through, a petro will supposedly represent a barrel of crude from a specific division in the country's Orinoco oil belt. Is this a pre-buy for a barrel of crude of sorts? It seems so. It's also an extremely risky move for investors, though, but nothing that they aren't used to already: futures trading does exist, after all.

Bitcoin's Lack of Wallet Privacy Leads Criminals to Look Towards Other Cryptos

"It is used for criminal, illegal activities" is one of the most oft-mentioned reasons for users to reject Bitcoin or other cryptocurrencies. However, it seems that this argument is losing weight as we speak when it comes to Bitcoin. In the wake of much increased interest and awareness regarding the fledgling, currently leading cryptocurrency, which has seen institutions and states renew their interest and attention towards regulation or stricter control of the virtual currency, users that would use Bitcoin for nefarious purposes have started to migrate to other cryptocurrencies. You see, the reality of a distributed, transparent ledger is great for a system's transparency; however, transparency and easily identifiable - and traceable - wallets and transactions go against criminals' interests. Law enforcement agencies, such as Europol, have already issued warnings and established protocols towards the adoption of software tools to monitor people using bitcoin. As such, criminals are looking towards other less "transparent" cryptos to use as escape routes for their criminal ways.

The most viable alternative for criminals has apparently been Monero, the cryptocurrency that has also been in the world's mouth because it's usually the one being mined in web browsers, absent of users' consent. Monero has been developed with privacy as a main design criteria from the start, encrypting the recipient's address on its blockchain and generating fake addresses, obfuscating the real sender, but going one step further by also obfuscating the amount of the transaction. This means Monero is currently "one of the favorites, if not the favorite" for usage in ransomware attacks, said Matt Suiche, founder of Dubai-based security firm Comae Technologies, said in a phone interview to Bloomberg.

BIOSTAR Introduces 'Plug-and-Mine' Solution for Crypto Mining Motherboards

BIOSTAR continues to lead the way in Crypto Mining with an estimated installation of 1 in every 5 mining systems around the world; thanks to its comprehensive line-up of Intel and AMD dedicated mining motherboards, price-performance positioning and ease-of-use. BIOSTAR now makes it even easier for miners by partnering with ethOS to create a total-solution with its Crypto Mining series motherboards and the ethOS USB flash drive preloaded with ethOS system. With the Plug-and-Mine solution, BIOSTAR brings miners an easy-to-follow, simple to set-up package, welcoming more people to join the crypto mining community.

The ethOS Mining System is one of the most straight-forward operating systems for mining ZCash, Monero, Ethereum and other GPU-minable coins. The setup is simple Plug-and-Mine, without needing a SSD. When paired with BIOSTAR mining boards, building a heavy yet stable mining rig of up to 12 GPUs can be done with ease. These have been tried and tested by both BIOSTAR and ethOS.

AMD Releases Beta Driver Specifically Geared for Blockchain Compute

Paraphrasing our own VSG, "So, this happened". AMD has gone out and done it: they've released a Beta driver specifically geared towards blockchain-based workloads, which should improve the company's GPU performance in generating money for miners. The driver is compatible with close to the entirety of AMD's GCN lineup - all the way from hot-from-the-foundry Vega to AMD's HD 7900 series. As AMD puts it, this is a driver solely purposed towards blockchain workloads - no gaming or graphics workloads (read, what graphics cards were originally meant to do) are officially supported in this release.

Apparently, AMD took it upon themselves to release this driver due to AMD's well documented DAG performance decrease for Ethereum mining hashrates. Specifically, according to Legit Reviews, the Radeon RX 480 went from an expected 14.8 MH/s at DAG #199 (down from 24.6 MH/s at DAG #130) to a prospective 24.8 MH/s DAG #199 performance according to Claymore's benchmark script. Performance improvements from the non-blockchain-geared driver release seem to stand at around 10-15%, which isn't too shabby from a single, Beta driver release.

Intel and Microsoft Collaborate to Deliver Industry-First Enterprise Blockchain

Today, Microsoft announced a new framework that enables businesses to adopt blockchain technology for increased enterprise privacy and security, and named Intel as a key hardware and software development partner. As part of this collaboration, Microsoft, Intel and other blockchain technology leaders will build a new enterprise-targeted blockchain framework - called the Coco Framework - that integrates Intel Software Guard Extensions (Intel SGX) to deliver improved transaction speed, scale and data confidentiality to enterprises. This first-of-its-kind innovation accelerates the enterprise readiness of blockchain technology, allowing developers to create flexible and more secure enterprise blockchain applications that can be easily managed by businesses.
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