One of the best graphics cards manufacturer, Nvidia unveils a new processor chip specially built for Ethereum mining. By posting an official blog post, Nvidia mentioned GeForce is made for gaming, CMP is made to mine. They admitted that GeForce RTX 3060 GPUs are less desirable to miners and launching their new NVIDIA CMP for […]
Category: News
Crypto.com to Do The Largest Token Burn in History
At the time of writing, according to the cryptocurrency data index Coinmarketcap, the 23rd largest cryptocurrency exchange by market volume Crypto.com has announced it is to burn 70 Billion of its native cryptocurrency “CRO” tokens. First of all, let me explain what is “Token Burn”. Token Burn is referred to as destroying tokens of the […]
Cryptopia Has Been Hacked Again after 2019 Hack
New Zealand-based cryptocurrency exchange founded in 2014, Cryptopia has reportedly been hacked again after its initial hack was in 2019. It was being liquidated following the previous security breach. That hack reportedly lost around NZ $24 Million. And after that, the wallet is reported to contain cryptocurrency assets worth NZ $2.7 million in total which […]
Ebang, the Mining Machine Manufacturer to Start BTC Self-Mining
Famous mining hardware manufacturer Ebang announced it will start mining bitcoins using its own mining hardware assembled machines. China-based Nasdaq-listed the following company is a blockchain technology firm with the strength of ASIC (application-specific integrated circuit) chip design capability. It is now a leading bitcoin mining machine producer in the global market as well. On […]
Weekly Bitcoin Mining Revenue Set a New Record
Bitcoin mining revenue for a week at a new high of $354.4 million that has surpassed the previous peak was $340 million. But How does that happen? How is it possible after block reward has been decreased to 6.25BTC in the early 2020 Bitcoin halving event? Well, first of all, let’s figure out what is […]
