According to a report by Bloomberg this morning, the cryptocurrency mining industry is dying at a rapid pace. With many of the world’s major cryptocurrencies, such as Bitcoin and Ethereum, crashing, mining is no longer a sustainable form of income for many people. As a result, miners are selling off the best GPUs in droves,…
Gamers finally have something to smile about as the crypto bear market has resulted in a mining exodus and diminished demand for high-end graphics cards. Crypto Twitter is awash with images of stacks of GPUs being sold on second-hand markets, and prices for new and used units are starting to come down out of the…
First gamers and now professional and workstation users will have to fight off cryptocurrency miners for a graphics card. The Nvidia RTX A4000 isn’t one of the best graphics cards for gaming, but it’s apparently the hot new crypto mining commodity in Vietnam. Vietnamese retailer Nyugen Cong PC (opens in new tab) (via I_LEAK_VN (opens…
When Nvidia introduced light hash rate (LHR) graphics cards with reduced Ethereum hash rate, it wanted to ensure that its GeForce offerings would not be used for mining. But shortly after LHR boards became available, various tools to increase their mining performance emerged. None of them could restore the full mining performance of Nvidia’s GPUs,…
Cryptocurrency miners need powerful computers – edging other users including professionals and gamers out of the market. The low supply and high demand for semiconductors and computing hardware will prolong the current situation for at least another year. The silver lining is that mining is being prohibited in some regions, and the largest cryptocurrencies are…
Bitmain will reportedly bring 56,000 of its Bitcoin mining rigs to Georgia following the Chinese government’s decision to shut down cryptocurrency mining operations. The company’s lead product offering is the Antminer series, which use TSMC-made cryptocurrency mining application-specific integrated circuits (ASICs) that can match the hashrate of multiple GPUs, making them popular for large-scale operations.…
Reports on Nvidia aiming to repurpose its A100 compute accelerator as a Crypto Mining Processor accelerator surfaced as early as March of this year. The intermediate radio silence has now been broken, with purported photographs and screenshots of a repurposed A100 surfacing as a rebranded CMP 170HX. There’s plenty to chew over, but as this…
(Image credit: Shutterstock) Anyone looking for a five-year-old GPU might be in luck soon. The Block reported that China’s Supreme Court has ordered the return of 485,681 AMD Radeon RX 470 8GB graphics cards to Genesis Mining, which calls itself the “largest cloud Bitcoin mining company,” following a legal dispute with its former hosting provider.…
Bitcoin’s hashrate is recovering from the Chinese government’s crackdown on mining operations, according to data from Blockchain.com, which put the hashrate at approximately 127.26 million terahashes per second (TH/s) as of August 23. China used to be responsible for most of the computational power devoted to Bitcoin. In July, the Cambridge Centre for Alternative Finance…
Uptycs Threat Research Team has discovered malware that not only hijacks vulnerable *nix-based servers and uses them to mine cryptocurrency but actually modifies their CPU configurations in a bid to increase mining performance at the cost of performance in other applications. Perpetrators use a Golang-based worm to exploit known vulnerabilities like CVE-2020-14882 (Oracle WebLogic) and CVE-2017-11610 (Supervisord) to gain access to Linux systems, reports The Record.…