While the crypto crash in June 2022 has put most investors’ portfolios in the red, it has forced crypto miners, resellers, and Internet cafes to get rid of their mining graphic cards by selling them into the reseller marketplace at dirt cheap rates to avoid losing more money. As a result, several resale sites have been flooded with used mining graphic cards, which has … [Read more...] about Beware! Crypto Miners Are Selling Used Graphics Cards With Defective Memory
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Japanese City Offers Bitcoin Miners An Eco-Friendly Deal
The price of bitcoin may be skyrocketing past $7,460, but the broader cryptocurrency industry still has a huge electricity problem. Motherboard reported a single bitcoin transaction now takes as much power as a whole American household uses in a week. So Japan is experimenting with more eco-friendly ways to mine cryptocurrency. The Japanese city of Kazuno is inviting bitcoin … [Read more...] about Japanese City Offers Bitcoin Miners An Eco-Friendly Deal
GPU miners sell off graphics cards as ETH & BTC values drop
A complex economic stew has resulted in a noticeable increase in GPU miners selling off their kit. Factors such as the market volatility of the Ethereum (ETH) price caused by profit takers, market manipulation, trader panic and hackers, plus the increased difficulty in mining this cryptorcurrency means running a GPU mining rig became much less appealing over the … [Read more...] about GPU miners sell off graphics cards as ETH & BTC values drop