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What Is Cryptomining?

Today, there are at least 1 million miners for Bitcoin alone. How is this all happening? What role is the miner playing? And how might this change the landscape of computing in the future?.....»»

Category: topSource:  techspotMay 3rd, 2021

SEC Charges NVIDIA with Inadequate Disclosures about Impact of Cryptomining

The Securities and Exchange Commission today announced settled charges against NVIDIA for inadequate disclosures concerning the impact of cryptomining on the company's gaming business. From an SEC press release: The SEC's order finds that, during con.....»»

Category: topSource:  slashdotRelated NewsMay 6th, 2022

Google Cloud Adds New Cryptomining Threat Detection Capability

Google has launched today a new security feature for Google Cloud tenants that is meant to detect and block cryptomining operations that may be taking place behind the owners' backs. From a report: Named Virtual Machine Threat Detection (VMTD), Googl.....»»

Category: topSource:  theglobeandmailRelated NewsFeb 7th, 2022

AMD"s new GPUs could be good news for gamers – and cryptominers

AMD is preparing to drop two new graphics cards in the next few weeks and its first cryptomining card just recently went on sale......»»

Category: topSource:  informationweekRelated NewsDec 14th, 2021

Nvidia quietly launches more GPUs for mining, not gaming

Despite the card's previous-generation name, the new RTX 2060 12GB outperforms the RTX 3060 for cryptomining......»»

Category: topSource:  digitaltrendsRelated NewsDec 7th, 2021

Taiwan makers bullish about graphics card sales in 1H22

Unit sales and prices of graphics cards are expected to continue growing in the first half of 2022, buoyed by sustained demand for gaming and cryptomining applications, according to industry sources in Taiwan......»»

Category: itSource:  digitimesRelated NewsNov 12th, 2021

AMD processors might be targeted as the next cryptomining tool

A new cryptocurrency called Raptoreum is farming using AMD Ryzen's L3 cache......»»

Category: topSource:  digitaltrendsRelated NewsNov 11th, 2021

Nvidia"s top-of-the-line CMP cryptomining GPU is now available for $4,300

The Nvidia CMP 170HX is the flagship GPU in the company's "Cryptocurrency Mining Processor" series. As spotted in Tom's Hardware, the card has gone up for sale at Vipera, a retailer in Dubai. The store claims to have 238 units in stock for a price of.....»»

Category: topSource:  techspotRelated NewsOct 25th, 2021

Gigabyte on track to see 2021 revenue top NT$120 billion

Motherboard and graphics card maker Gigabyte Technology is on track to see its revenues top NT$120 billion (US$4.3 billion) in 2021, thanks to robust demand for cryptomining and gaming applications, according to company chairman Dandy Yeh. China reg.....»»

Category: itSource:  digitimesRelated NewsOct 8th, 2021

Cryptomining continues to grow as demand for graphics cards soar and motherboards wane

Taiwan-based motherboard and graphics card manufacturers saw profits skyrocket in the first half of the year, thanks to increased demand for PCs driven by the COVID-19 pandemic, as well as the cryptomining wave at the beginning of the year......»»

Category: itSource:  digitimesRelated NewsOct 5th, 2021

Graphics card supply stays tight

The supply of graphics cards remains tight despite China's crackdown on cryptomining, with demand set to continue outpacing supply and pushing up prices through the first half of 2022, according to industry sources......»»

Category: itSource:  digitimesRelated NewsSep 28th, 2021

Mobo and graphics card makers remain upbeat

Despite a rapid slowdown in cryptomining demand, Taiwan-based motherboard and graphics card makers remain upbeat about their sales outlook for the second half of this year and 2022, though growth will decelerate, according to industry sources......»»

Category: topSource:  marketingvoxRelated NewsAug 17th, 2021

Cryptomining Botnet Alters CPU Settings To Boost Mining Performance

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 performa.....»»

Category: topSource:  slashdotRelated NewsAug 13th, 2021

Asustek and MSI report decreased July revenues

Asustek Computer and Micro-Star International (MSI) both saw their July revenues decrease substantially on month, as a result of chip shortages constraining their notebook sales growth and a rapid slowdown in graphics card demand for cryptomining......»»

Category: itSource:  digitimesRelated NewsAug 11th, 2021

The PlayStation 4 cryptomining warehouse was a FIFA bot farm

Ukrainian publication Delo was skeptical that anyone would use something as uneconomical as PS4 slims to mine crypto, even with the current pricing and availability issues facing graphics cards. But the biggest giveaway was that some of the images re.....»»

Category: topSource:  informationweekRelated NewsJul 19th, 2021

Nuclear-powered cryptomining facilities are coming to the US

Data Center Dynamics reports that US power company Talen Energy will develop its mining facility and data center adjacent to the Susquehanna Steam Electric Station (top) in PA. It will have 164MW of capacity during development, and once complete, wil.....»»

Category: topSource:  techspotRelated NewsJul 13th, 2021

Fake cryptomining apps, some found on the Play Store, scam $350,000 from users

Security researchers at the Lookout Threat Lab discovered that the apps, 25 of which were on Google Play, managed to evade detection because they didn’t do anything malicious. The problem was that they didn’t do anything at all......»»

Category: topSource:  techspotRelated NewsJul 9th, 2021

IC substrate makers see supply stay tight despite cryptomining slowdown

IC substrate makers continue to see their output fall short of demand, despite a recent slowdown in cryptomining demand, according to industry sources......»»

Category: itSource:  digitimesRelated NewsJun 25th, 2021

Memory module houses expect limited impact from cryptomining slowdown

A substantial slowdown in cryptomining demand should only have a limited impact on the overall memory market conditions as fundamental demand remains significant, according to sources at memory module makers......»»

Category: itSource:  digitimesRelated NewsJun 24th, 2021

Slowdown in cryptomining to constrain graphics card makers" profitability in 2H21

Graphics card makers may see their profit growth constrained by a slowdown in cryptomining demand in the second half of 2021, as China steps up its crackdown on cryptocurrency, according to industry sources......»»

Category: itSource:  digitimesRelated NewsJun 23rd, 2021

Slowdown in cryptomining to constrain graphics card makers profitability in 2H21

Graphics card makers may see their profit growth constrained by a slowdown in cryptomining demand in the second half of 2021, as China steps up its crackdown on cryptocurrency, according to industry sources......»»

Category: itSource:  digitimesRelated NewsJun 22nd, 2021