Most of the top 20 cryptocurrencies are reporting discreet losses, with Bitcoin worth less than $3,900 again. Sunday, Dec. 30 — most of the top 20 cryptocurrencies are seeing discreet losses while a few report discreet gains. Bitcoin’s (BTC) price is under $3,900 again, according to Coin360 data. Market visualization from Coin360 At press time, […]
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The CEOs of leading mining ASIC producer Bitmain will be allegedly soon be retiring to give place to a successor surnamed Wang. Jihan Wu and the Jenke Group will be reportedly soon retire as CEOs of leading mining ASIC producer Bitmain. Rumors about their departure were reported by Chinese local media Odaily on Dec. 28. […]
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GPU producer Nvidia is facing a class action lawsuit over the losses reported by the company when demand for GPUs by miners diminished. Graphics processing unit (GPU) producer Nvidia is facing a class action lawsuit over the losses reported by the company when lower crypto prices diminished demand for GPUs by miners. Schall law firm […]
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The top 20 cryptocurrencies are mostly in the red, with Bitcoin dropping back under $3,900. Saturday, Dec. 22: most of the top 20 cryptocurrencies are seeing moderate losses, with Bitcoin (BTC) struggling to stay near $3,900. Market visualization from Coin360 At press time, Bitcoin is down almost 5 percent over the last 24 hours, trading […]
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Taiwan-based GPU producer Nvidia is the S&P 500’s worst performer in Q4 2018, as crypto mining sales have all but disappeared. The drastic decrease in crypto mining profitability has hit graphics processing unit (GPU) producers like Taiwan-based Nvidia hard. In Q4 2018, the firm experienced a massive sell-off of its shares, cutting the stock price […]
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Radeon RX580, a GPU widely used both by miners and gamers, is now being sold for $180, a price drop of over 67 percent since February. AMD’s popular Radeon RX580 graphics processing unit (GPU), which has been widely used by crypto miners, is now being sold for $179.99, gaming magazine PC Gamer reported on Thursday, […]
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Gaming hardware producer Razer has launched its redesigned native virtual currencies and a desktop SoftMiner. United States-based gaming hardware manufacturer Razer has redesigned its native virtual currencies and loyalty system and launched a desktop mining app, according to a blog post published on Dec. 12. Founded in 2005, Razer has become a leading gaming hardware […]
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Chinese miners are reportedly becoming the biggest short-sellers of BTC in the current bear market. Chinese miners are reportedly becoming the biggest short sellers both locally and internationally, following an increased number of hedging operations in the current bear market, Chinese crypto outlet 8BTC reported Thursday, Dec. 6. The severe cryptocurrency market decline in the […]
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Ohio businesses can soon pay taxes in Bitcoin, while Nasdaq looks ahead to a Bitcoin futures launch. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week […]
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ASUS to allow its graphics card owners to mine crypto and cash out via PayPal and WeChat through a new partnership. Taiwan-based tech giant ASUS has partnered with GPU mining platform Quantumcloud to allow users to mine crypto via their graphic cards, multinational tech media TechRadar reported Thursday, Nov. 30. According to the agreement, ASUS […]
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