The Chinese gaming company The9 is to buy 2,000 Bitcoin mining machines worth $6.72 million in stock. The stock named NCTY company announced it agreed to buy those bitcoin mining machines from AvalonMiners. The company said in an announcement, it signed a legally binding memorandum of understanding with an unrelated bitcoin mining machine owner to […]
Tag: Nvidia
$30M Worth of Nvidia CMPs Sold to The Bitcoin Miner, Hut 8
One of the oldest Bitcoin miners, Hut 8 said it’s purchased $30 million of Nvidia’s newest cryptocurrency mining-specific graphics processing units to expand its company’s cryptocurrency mining capabilities. Earlier 2021, Nvidia had launched its top-notch graphics card specially designed for ethereum mining. It is known as CMP (Cryptocurrency Mining Processor). The main reason why Nvidia […]
RTX 3060 Push Off The Limits After its Recent Software Update
One of the largest graphics card manufacturers Nvidia’s bleeding-edge product RTX 3060’s Ethereum mining capability accidentally unlocked by Nvidia’s own software update. As you might already know about Nvidia’s CMP is made for professional ethereum mining. Since the RTX series is designed for gaming rather than mining ethereum, according to Nvidia it cannot be well […]
New Processor Chip from Nvidia Specially Made for ETH Mining
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 […]
