News Posts matching "Ethereum"

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Amazon Registers Three New Domains Related to Cryptocurrency

Reports are coming in that Amazon registered three new domains on Tuesday. Normally, this wouldn't raise any eyebrows at all. However, the domain names are quite unique as they're related to cryptocurrency apparently. The domains are amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. According to the registration information taken from the Whois database, all three are registered to Amazon Technologies, Inc., which we all know is a subsidiary of Amazon.com, Inc.

At the moment of this article, we're not sure what is the reasoning behind Amazon's move. Speculations are saying that maybe the tech giant is finally getting into the cryptocurrency business. Or perhaps it's simply a marketing strategy to protect the Amazon brand similar to when the company registered amazonbitcoin.com back in 2013, which redirects users to the Amazon front page. Some are considering it an indication that Amazon might start accepting cryptocurrencies, like bitcoin despite Amazon Pay's VP Patrick Gauthier telling CNBC last month that there were no immediate plans to accept cryptocurrency.

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.

RX Vega Achieves 43 MH/s @ 130 W in Ethereum Mining

AMD's RX Vega is more along the lines of an original computing card that was moved over to the consumer segment for gaming workloads than the other way around. Raja Koduri himself has said something along those lines (extrapolating a little more than what he can actually say), and that much can be gleaned with at least a modicum of confidence through AMD's market positioning and overall computing push. In the argument between gamers and miners, Raja Koduri didn't have all that much to say, but for AMD, a sale is a sale, and it would seem that after some tweaking, RX Vega graphics cards can achieve much increased levels of mining efficiency than their Polaris counterparts, further showing how Vega handles compute workloads much better - and more efficiently - than traditional gaming ones.

BIOSTAR Offers Intel Crypto Mining Motherboards - Full ethOS Mining OS Support

BIOSTAR proudly announces an exclusive partnership with ethOS, a 64-bit Linux OS; giving miners the simplest possible way to set up a mining rig. This comes as great news for anyone who wanted to dabble with mining, but was not sure how. With the ethOS mining OS, there is no need to install drivers, configure Windows or compile software, while BIOSTAR crypto mining motherboards are tried and tested with the ethOS mining OS, making it as simple as boot and mine. Get ready to collect your Ethereum, Zcash, Monero and many other gpu-minable coins.

BIOSTAR Mining Boards with Intel B250, B85 and H81 Chipsets
BIOSTAR crypto mining motherboards (including previous generation chipsets in B85 and H81) continue to win high praises for easy-to-use, long-term stability under heavy usage and high return on investment. BIOSTAR mining boards with Intel chipsets supports 12 to 6 graphics cards, the models currently available are: BIOSTAR TB250-BTC PRO, BIOSTAR TB250-BTC+, BIOSTAR TB250-BTC, BIOSTAR TB85 and BIOSTAR H81A. Whether you are a pro, mainstream or newbie to mining, one of these will fit the bill.

AMD RX Vega Mining Performance Reportedly Doubled With Driver Updates

Disclaimer: take this post with a bucket of salt. However, the information here, if true, could heavily impact AMD's RX Vega cards' stock at launch and in the subsequent days, so, we're sharing this so our readers can decide on whether they want to pull the trigger for a Vega card at launch, as soon as possible, or risk what would seem like the equivalent of a mining Black Friday crowd gobbling up AMD's RX Vega models' stock. Remember that AMD has already justified delays for increased stock so as to limit the impact of miners on the available supply.

The information has been put out by two different sources already. The first source we encountered (and which has been covered by some media outlets solo) has been one post from one of OC UK's staff, Gibbo, who in a forum post, said "Seems the hash rate on VEGA is 70-100 per card, which is insanely good. Trying to devise some kind of plan so gamers can get them at MSRP without the miners wiping all the stock out within 5 minutes of product going live."

Ethereum Takes Literal Flight; Mining Conglomerates Rent Airplanes for Transport

Ethereum is a strange little thing. When you open up your Blockfolio to look at how much you're valued right now, it can be as a fine bit of coffee in the morning, perking you up for the entire day, or a wrecking ball to your capitalist, speculative heart. However, even if you don't believe in the technology, there are many people who do believe: at least, in the future value of it. They believe it so much, really, that they're willing to rent entire airplanes to transport mining equipment (read graphics cards). And we're talking Boeing 747 here, not your average private jet (handy infographic on the pictures below, by the way.)

Ethereum's price fluctuations notwithstanding, which saw the currency soar from $10 at the beginning of the year to a historical high of $400 in mid-June, seems to have somehow settled around a $200 support level. At that value, it's still profitable to mine - even with the increased difficulty of the myriad of miners, dedicated or not, who have flooded towards the GPU-based workloads that support the cryptocurrency's POW (Proof of Work) design. And faith - or expectation of future value is so high, that mining conglomerates (the ones with the greatest running costs, but also pretty scalable profits - aren't willing to waste more idle time than they possibly can. Marco Streng, chief executive of Genesis Mining, told Quartz that "Time is critical, very critical. For example, we are renting entire airplanes, Boeing 747s, to ship on time. Anything else, like shipping by sea, loses so much opportunity."

Cybenetics Announces New Program to Identify Best PSUs for Mining

Mining is highly popular lately (again) thanks to Ethereum and besides suitable GPUs you will also need the proper power supply (PSU) for the job. The PSU has to be highly efficient, in order to keep the electricity cost as low as possible, and reliable as well since it will have to operate 24/7 under highly stressful conditions. For mining purposes, the PSU's noise isn't among the top priorities since most crypto-currency farming facilities operate in dedicated spaces where the operators don't have to stay long; even home miners should install their mining systems in isolated rooms, where noise won't be a problem. As a matter of fact, in PSUs used for mining purposes the fan is expected to operate close to its full speed most of the time, given the high load output, effectively cooling down sensitive components. This way the PSU's reliability is dramatically improved.

Our purpose for this program isn't to torture test each and every PSU that a manufacturer sends for certification since we already do this in our 10-110% load tests (part of the ETA Certification) during which we overload the PSU with the ambient temperature exceeding 45°C, but mostly to examine closely its components in order to find out whether it will survive on the (very) long run. For example, a PSU with a bulk cap which is rated at 85°C will have a significantly shorter lifetime compared to a PSU with a 105°C rated bulk cap under hard operating conditions. The same applies to the filtering capacitors on the secondary side. A PSU that uses low quality filtering capacitors with 1-3,000 hours lifetime under 105°C won't last as long as a PSU that uses 6-10,000 hours caps rated at the same temperature. Another important factor is the cooling fan, since if the fan breaks down then the PSU will most likely follow immediately, especially if it doesn't have Over Temperature Protection.

No End to GPU Supply Woes: Germany Supplier Hit by Shortage, Pulls Cards

There seems to be no end in sight for current high-performance, discrete graphics cards' supply constraints. If you've been looking for a specialized graphics processing unit to push eye-candy on your favored 3D experiences to the max, you've probably been having trouble for a while now. It all stems from a crazy, dizzying wave of cryptocurrency mining. And the fact that this mining spree has already taken global mining power consumption to levels close to a 17 million population country, as one of our editors puts it, kind of has a human problem. And it would seem that not even NVIDIA and AMD's partners' attempts to sate current miners' appetite for profit-generating graphics cards has put a dent on demand.

Cryptocurrency Mining Consumes More Power Than 17M Population Country

So, yes, the headline is accurate. We all know that cryptocurrency mining has now reached an all time high, which has affected availability and pricing of most graphics cards from both AMD and NVIDIA. Who doesn't want to make a quick buck here and there? So long as it's profitable, right?

Well, that kind of thinking has already brought the global mining power consumption to unprecedented levels (some might also say demented.) The two top cryptocurrencies right now (by market-cap), Bitcoin and Ethereum, are each responsible for 14.54 TWh and 4.69 TWh power consumption figures. As of now, Ethereum consumes almost as much power as the 120th most power-consuming country, Moldova, which has a population of around 3 million. Bitcoin, on the other hand, stands at 81st on the list, in-between Mozambique and Turkmenistan, the latter of which has a population estimated at 5.17 million people. Combined, Ethereum and Bitcoin consume more power than Syria, which had an estimated 2014 population above 17 million.

Sapphire Makes Mining-Oriented Graphics Cards Available for Pre-Order

Ah mining. The revival of an old craze. Who doesn't want to make their room's temperature increase to insane levels over the summer in order to cash in on the mining wagon? Who doesn't want to pull their hardware by the ankles and wrists, stretching it in utilization so as to maintain the PoW (proof of Work) cryptographic security in cryptocurrencies? Apparently, a not insignificant number of users and would-be miners does want that. That has, in turn, placed a whole lot of pressure on the graphics card market from both AMD and NVIDIA, with prices climbing and skyrocketing for graphics cards in the $200-$400 price ranges, as you know. It remains to be seen whether the flow of new miners decreases somewhat now, considering the recent market correction (read: dip) in the cryptocurrency market value (down around 42% from the all-time high of 357€ [~$400] of June 12th.)

After ASUS, it would seem like it's Sapphire's time to try and sway miners from their consumer-oriented, gaming graphics cards, through the launch of five different graphics cards models especially geared for mining. These are currently available for pre-order on Overclockers UK, and there are five different products in total, one based of RX 560 silicon, and four different takes on the RX 470 silicon (no, that's not a typo; it really is the 400 series.)

NVIDIA "Pascal" Based Mining GPU Lineup Detailed

GPU-accelerated crypto-currency mining poses a threat to the consumer graphics industry, yet the revenues it brings to GPU manufacturers are hard to turn away. The more graphics cards are bought up by crypto-currency miners, the fewer there are left for gamers and the actual target-audience of graphics cards. This is particularly bad for AMD, as fewer gamers have Radeon graphics cards as opposed to miners; which means game developers no longer see AMD GPU market-share as an amorphous trigger to allocate developer resources in optimizing their games to AMD architectures.

To combat this, both AMD and NVIDIA are innovating graphics cards designed specifically for crypto-currency mining. These cards are built to a cost, lack display outputs, and have electrical and cooling mechanisms designed for 24/7 operation, even if not living up to the durability standards of real enterprise-segment graphics cards, such as Radeon Pro series or Quadro. NVIDIA's "Pascal" GPU architecture is inherently weaker than AMD's "Polaris" and older Graphics CoreNext architectures at Ethereum mining, owing in part to Pascal's lack of industry-standard asynchronous compute. This didn't deter NVIDIA from innovating a lineup of crypto-mining SKUs based on its existing "Pascal" GPUs. These include the NVIDIA P104 series based on the "GP104" silicon (on which the GTX 1080 and GTX 1070 are based); and P106 series based on the "GP106" silicon (GTX 1060 series is based on this chip). NVIDIA didn't tap into its larger "GP102" or smaller "GP107" chips, yet.

ETH Mining: Lower VRAM GPUs to be Rendered Unprofitable in Time

Hold on to your ETH hats: you will still be able to cash in on the ETH mining craze for a while. However, you should look towards your 3 GB and 4 GB graphics cards with a slight distrust, for reasons that you should know, anyway, since you have surely studied your mining cryptocurrency of choice. Examples are the GTX 1060 3 GB, or one of those shiny new 4 GB RX 480 / RX 580 which are going at ridiculously premium prices right now. And as a side note, don't you love the mechanisms of pricing and demand?

The problem here stems from ETH's own design for its current PoW (Proof of Work) implementation (which is what allows you to mine the currency at all.) In a bid to make ETH mining unwieldy for the specialized silicon that brought Bitcoin difficulty through the roof, ETH implements a large size data set for your GPU to work with as you mine, which is stored in your GPU's memory (through the DAG, which stands for Directed Acyclic Graph). This is one of the essential differences between Bitcoin mining and Ethereum mining, in that Ethereum mining was designed to be memory-intensive, so as to prevent usage of ASICs and other specialized hardware. As a side-note, this also helps (at least theoretically) in ETH's decentralization, which Bitcoin sees more at risk because of the inherent centralization that results from the higher hardware costs associated with its mining.

NVIDIA, AMD to Launch Mining-Oriented Versions of Their GPUs

You must've heard the news of increasingly tighter supply on AMD's video cards. This is kind of a "hello darkness my old friend" kind of moment, since we've seen this happening before. However, these days, the problem looks to be exacerbated with the increase in digital currencies - it's not just Bitcoin now. Ethereum and Zcash have come in to fill customer's desire for a lower entry, ASIC-resistant mineable cryptocurrency. And with the currencies' exploding pricing, people are once again looking to enter the mining craze - to ride the crypto wave, so to speak. All higher-performance graphics cards since the R200 series are flying off the shelves and second hand markets, and as we speak, virtually all RX 580 models are out of stock on Newegg. And while AMD graphics cards have historically been leagues better than their NVIDIA counterparts in mining environments, recently some specialized miners have surfaced, tailored for the Pascal architecture (more oriented to Zcash, though.)
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