Intel Launches New Chip for Crypto Mining and Making NFTs

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Intel on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip will ship later this year and the first customers include Block, the Jack Dorsey-led firm that recently changed its name from Square to highlight its growing focus … Read more

Intel Launches New Chip for Crypto Mining and Making NFTs

Intel Launches New Chip for Crypto Mining and Making NFTs

Intel on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip will ship later this year and the first customers include Block, the Jack Dorsey-led firm that recently changed its name from Square to highlight its growing focus … Read more

Bitcoin’s ‘Green’ Rival Chia is Causing a Shortage of Hard Drives

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Chia has been hogging a lot of limelight in the crowded cryptocurrency space lately as a ‘green’ alternative to Bitcoin. Even more so since the billionaire CEO of SpaceX and Tesla, Elon Musk,  tweeted last month that cryptocurrencies like Bitcoin are driving up fossil fuel consumption. He revoked Tesla’s decision to accept Bitcoin as payment for … Read more

Nvidia Introduces Dedicated Processors for Cryptocurrency Mining

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Nvidia CMP or Cryptocurrency Mining Processor (CMP) product line has been announced for professional miners. The new range of GPUs has been designed and optimised for optimum mining performance and efficiency. Nvidia also says that the software drivers of its upcoming Nvidia GeForce RTX 3060 GPUs are designed to detect specific attributes of the Ethereum … Read more