video cards

Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says

March 30, 2023 Bitcoin.com

AI

Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital coins. Developing Chatbots More Worthwhile Than Crypto Mining, Nvidia Exec Claims […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Demand for Mining Hardware Spikes in Russia, Prices Rise

December 19, 2021 Bitcoin.com

ASICs

The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading to rising prices. Crypto Miners in Russia Looking to Increase Computing […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals

September 7, 2021 Bitcoin.com

AMD

Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales and Prices of Crypto Mining Rigs Spike in September Demand for crypto mining […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Mining Hardware Thief Gets 3-Year Sentence in Russia

August 30, 2021 Bitcoin.com

Arrested

Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining Rigs Receives Prison Sentence A 34-year-old man from […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date

July 10, 2021 Bitcoin.com

$POWER

The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. Ukraine Seizes Thousands of Video Game Consoles Mining Crypto With Stolen Electricity Ukraine’s main law enforcement […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

May 31, 2021 Bitcoin.com

bitcoin.com

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1

May 27, 2021 Bitcoin.com

bitcoin.com

Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker Reports Record High Video Card Sales Supported by Crypto Miners […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’