Tag: ethereum

Crypto is crashing, and that may make GPUs more affordable

It's been a tough week on the cryptocurrency market, filled with many heavy losses. As mining crypto becomes less profitable, will GPU prices plummet, too?

Intel may be working on specialized chip for mining Bitcoin

It appears that Intel may be venturing into cryptocurrency mining hardware. A new rumor shows that Intel may be working on a Bonanza Mine Bitcoin mining chip.

How crypto crackdowns could end the GPU shortage this year

Chinese miners are selling off graphics cards amid a wave of new restrictions, and changes to Ethereum could end GPU crypto-mining entirely.

Nvidia nets at least $400 million per year from cryptocurrency mining

Nvidia's newly launched CMP cards, designed for Ethereum mining, generated $155 million in revenue for the first fiscal quarter for Nvidia.

NFTs have a climate problem, and the solution isn’t coming fast enough

NFTs have an absolutely massive carbon footprint, and while there are many solutions in the works, very few of them are expected to roll out anytime soon.

Here’s how Nvidia plans to stop crypto miners from buying gaming GPUs

Nvidia is appeasing gamers who have been frustrated by the lack of GPU availability by offering cryptocurrency miners a new CMP.

A crypto miner is using 78 RTX 3080s graphics cards to earn over $20K a month

Huge demand for Nvidia's GeForce RTX 3080 has resulted in GPU shortages. We are learning that profitable cryptocurrency mining is also a contributing factor.

Cat got your wallet? CryptoKitties virtual feline fetches $170K in crypto cash

CryptoKitties may have earned itself records for the most expensive CryptoKitty sold and the most expensive in-app purchase. Dragon, a CryptoKitty, fetched the equivalent of $170,000 in the blockchain-based currency ETH.The post Cat got your wallet? CryptoKitties virtual feline fetches $170K in crypto cash appeared first on Digital Trends.

What are smart contracts?

What are smart contracts? They're a potential way to circumvent the legal middle-men that have been a necessary part of every contractual obligation for hundreds of years. They could be the future.The post What are smart contracts? appeared first on Digital Trends.

Beyond Bitcoin: How blockchain will reshape the future

Don’t be fooled by the hype – blockchain isn’t a passing fad that’ll fade out in a year or two. It truly has the potential to reshape the world we live inThe post Beyond Bitcoin: How blockchain will reshape the future appeared first on Digital Trends.

It’s no crypto-utopia. Blockchain has real problems to solve.

Blockchain technology might have the support of many thousands of developers, but it's no panacea. In a chat with some of the premier blockchain developers, we look at the most serious problems the technology faces today.The post It’s no crypto-utopia. Blockchain has real problems to solve. appeared first on Digital Trends.

Bitmain’s $800 Ethereum ASIC miner could help bring GPU prices down

Although Bitmain and its hardware have their detractors, the newly announced Antminer E3 Ethereum ASIC miner has proved exceedingly popular and could help bring graphics card prices back down to Earth.The post Bitmain’s $800 Ethereum ASIC miner could help bring GPU prices down appeared first on Digital Trends.

Nvidia CEO maintains that cryptocurrency mining “is not their business”

At GTC this week, NVIDIA focuses its GPU development for AI, machine learning, workstations and gaming, downplaying the importance of cryptocurrency mining. However, the CEO did make some interesting statements on the Bitcoin and Ethereum.The post Nvidia CEO maintains that cryptocurrency mining “is not their business” appeared first on Digital Trends.

Coinbase bug could have let anyone give themselves free ether

Cryptocurrency exchanges have had a fair share of justified criticism. They can be high-value targets for criminals, easy to hide

Guns N’ Roses alum Matt Sorum rocks beyond blockchain to fight labels, YouTube

Former Guns N Roses drummer Matt Sorum discusses how he's left behind his wild, drug-fueled days as a rock star to be a founding member of Artbit, an innovative new platform designed to make transactions between artists and fans easier.The post Guns N’ Roses alum Matt Sorum rocks beyond blockchain to fight labels, YouTube appeared first on Digital Trends.

Fed up with GPU prices? Crypto-rig builder says gamers must suck it up and mine

Graphics card pricing remains a major problem for PC gamers, with all but the least powerful cards selling at twice MSRP. Josh Reddet, who builds crypto-mining rigs, thinks prices will stay high. The solution? Gamers should start mining.The post Fed up with GPU prices? Crypto-rig builder says gamers must suck it up and mine appeared first on Digital Trends.

A fake startup uses initial coin offering to steal $2 million in digital coins

A startup promising a device to manage cryptocurrencies disappeared with more than $2 million in Ethereum after an ICO. The company's sole executive only communicated through text and has a questionable LinkedIn profile.The post A fake startup uses initial coin offering to steal $2 million in digital coins appeared first on Digital Trends.

Qarnot’s wall-mounted heater doubles as a crypto-mining rig

As a student, I used to joke that my Xbox 360 doubled as the flat's central heating system. A few

IRS forces Coinbase to cough up tax data of 13,000 digital coin traders

Coinbase recently distributed an email stating that it must comply with the IRS and send tax-related data regarding 13,000 digital coin traders. The IRS smells foul play and originally demanded 500,000 records before settling.The post IRS forces Coinbase to cough up tax data of 13,000 digital coin traders appeared first on Digital Trends.

Robinhood lures digital coin traders from Coinbase with a free service

Robinhood Markets now offers a service for buying and selling Bitcoins and Ethereum without a per-share trading fee, but the availability is currently limited to four states. Support in other states will come in the near future.The post Robinhood lures digital coin traders from Coinbase with a free service appeared first on Digital Trends.

Robinhood’s commission-free cryptocurrency trading is live

The zero-fee stock trading app, Robinhood, announced its plan to enable users to buy and sell Bitcoin and Ethereum last

Cryptocurrency not an ideal long-term investment, warns Ethereum co-founder

Ethereum co-founder Vitalik Buterin says that you can invest in digital currency, but only if you can afford to lose money given the volatile state of cryptocurrency values. They're not ideal for long-term nest egg investments.The post Cryptocurrency not an ideal long-term investment, warns Ethereum co-founder appeared first on Digital Trends.

CryptoCelebs: Famous people who’ve bought the cryptocurrency craze

Celebrities endorsing cryptocurrencies such as Bitcoin and Ethereum have popped up frequently over the last few years. These athletes, actors, rappers, pop stars, and entrepreneurs have used their massive social media following to push cryptocurrencies into the national spotlight.The post CryptoCelebs: Famous people who’ve bought the cryptocurrency craze appeared first on Digital Trends.

Insane in the blockchain: 15 ridiculous cryptocurrencies you’ve never heard of

Bitcoin and Ethereum are just the tip of the iceberg when it comes to cryptocurrencies. You wouldn't believe how many ridiculous, silly, and downright stupid digital tokens are on the market these days. Here's a quick tour of the most outrageous ones.The post Insane in the blockchain: 15 ridiculous cryptocurrencies you’ve never heard of appeared first on Digital Trends.

The old “Nigerian prince” scam is back on Twitter — with a Bitcoin twist

Scams just like malware come in waves and the Nigerian Prince-style 'give a little, get a lot,' scam is making a comeback on Twitter with celebrity imposters asking for Bitcoin donations in return for a motherload.The post The old “Nigerian prince” scam is back on Twitter — with a Bitcoin twist appeared first on Digital Trends.

Litecoin vs. Ethereum

Litecoin and Ethereum are two of the most popular altcoins out there, but if you pit Litecoin vs. Ethereum, does one come out on top? They both have low block times and fees, but is one that much better than the other?The post Litecoin vs. Ethereum appeared first on Digital Trends.

Bitcoin market cap has already dropped more than $80 billion in 2018

Bitcoin has taken a major hit to its value in recent weeks, seeing individual tokens worth less than half that of their peak in 2017 and the overall market cap of the cryptocurrency has dropped $80 billion in 2018 alone.The post Bitcoin market cap has already dropped more than $80 billion in 2018 appeared first on Digital Trends.

UNICEF recruits gamers to mine cryptocurrency for Syrian kids

UNICEF has launched a new fund-raising project in the same vein as SETI@Home and Einstein@home, but with a cryptocurrency spin.

The best bitcoin alternatives

With more than 1,300 cryptocurrencies available today, knowing which ones to invest in isn't easy. If you would rather skip bitcoin though, this guide will help explain the best bitcoin alternatives out there.The post The best bitcoin alternatives appeared first on Digital Trends.

Robinhood will let users trade cryptocurrencies for free

Robinhood, the app that lets you make zero-fee stock trading and tracking, is moving into a new market: Cryptocurrencies. Next

Stripe will stop accepting bitcoin in April

Stripe announced today that it will stop supporting bitcoin payments in April. The company started accepting bitcoin payments in 2014,

How to trade bitcoin for other cryptocurrencies

If you have all of your cryptocurrency in the bitcoin basket, it might be a good idea to diversify a little. In this guide we'll teach you how to trade bitcoin for one of its alternatives.The post How to trade bitcoin for other cryptocurrencies appeared first on Digital Trends.