Sunday, May 20, 2018

Tag Archives: Bitcoin

Web News

Google To Ban All Cryptocurrency Advertisements

With an update to its financial services-related ad policies Google has announced that Cryptocurrency related ads on its services will be banned. It seems as if the company is taking a stand against the deeply unregulated cryptocurrency field.

Bitmain
Hardware News

Chinese Mining Company Bitmain Has Higher Profits Than NVIDIA

According to a recent report Chinese mining hardware giant Bitmain has had higher profits in 2017 than long-time GPU giant NVIDIA. A report published February 21 from investment research company Bernstein, says that the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in 2017, whereas NVIDIA made about $3 billion during the same period.

Gaming News

New Steam Game Has a 1 Bitcoin Prize For Beating It

Game developer Gem Rose Accent is offering a 1 Bitcoin prize, which is currently worth $10,449.01 at the time of writing this post, for the first person to beat their new game. The game is MonteCrypto: The Bitcoin Enigma, where players have to navigate through a very complicated maze from a first-person perspective and solve 24 puzzles to finish the game.

Web News

US and UK Government Website Infected With Crypto-Mining Malware

It seems that potentially thousands of websites run by U.S. and UK government agencies were infected Sunday with malware that caused visitors to secretly mine cryptocurrency. Government websites are already known for being slow and having horrible out-dated web design standards, and now they are embedded with crypto-mining malware that slows things down even more.

Hardware News

Samsung Confirms They Are Working on Mining Chip

As we reported last week, Samsung has entered volume production of a crypto-currency mining ASIC. These reports have been confirmed today by Samsung themselves, stating that they have entered the mining ASIC manufacturing market. The report last week mentioned an "unnamed client from China", who placed a massive order for a crypto-currency mining ASIC. This news was later somewhat confirmed by Samsung's latest earnings report, which did mention a higher than expected revenue in the semiconductor business due to "Samsung's acquisition of new China clients".

Podcast

ThinkComputers Podcast #121

In this episode of our weekly tech podcast we talk about our three reviews this week, NVIDIA announcing the "Volta" based TITAN V, the war going on between Amazon and Google, Bitcoin and much more!

Gaming News

Steam Has Removed Bitcoin as a Payment Option

In a recent blog post Steam has announced that they will no longer be accepting Bitcoin as a viable payment option for purchases in the Steam store. In the blog post Steam cites Bitcoin's high volatility (the cryptocurrency very frequently sees swings in the order of hundreds of dollars in mere minutes) and high transaction fees (as much as $20) as the reasons Bitcoin has been removed as a payment method.

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