Archive for the ‘Crypto News’ Category

AMD Radeon VII (gfx906) Delivers ~90 MHS Ethash Out of the Box

7, Feb 2019

The new AMD Radeon VII (gfx906) GPUs are about to start hitting the market any moment now with a recommended end user price of $699 USD in USA or 739 EURO in EU. We just got a tip that these new 7nm GPUs from AMD with 16GB HBM2 video memory are able to deliver about 90 MHS for Ehereum’s Ethash algorithm out of the box without any overclock. This is possible with the latest Claymore Dual GPU Miner v12.0, so really out of the box performance very close to the 90 MHS mark for Ethereum. So the new HBM2 memory with 4096-bit memory bus and 1000 MHz (effective 2000 MHz memory clock) seem to be doing quite well for memory intensive crypto algorithms.

We are of course still about to see what the performance for GPU intensive algorithms is going to be and this might also need some specific optimizations for the new GPUs in order to get the maximum performance. With the presence of 3840 stream processors the new Radeon VII GPUs should have plenty of raw power available for GPU-heavy lifting including, but not limited to crypto hashing. We are quite pleased to see the good memory performance for Ethash and expect good results for other algorithms as well, so hopefully very soon more performance data for crypto mining for the new AMD Radeon VII will surface…

Ledger Nano X is a New Mobile Friendly Hardware Wallet

8, Jan 2019

Ledger has announced their new crypto hardware wallet named Ledger Nano X and have started taking pre-orders for the new device. The new Ledger Nano X is a Bluetooth-enabled hardware wallet with built-in battery that will be able to also connect to your smartphone and not only to your computer as was with the previous generation Ledger Nano S. According to Ledger the new wallet promises better security, even with the wireless connectivity option, as well as an improved user experience and design. Ledger also launched the Ledger Live Mobile app, which allows Ledger Nano X users to manage secure transactions, install and uninstall apps, and check their real-time balances on the go. It will also enable Ledger Nano S users to check their balance in read-only mode. Ledger Live Mobile will be made available in the App Store and Google Play on January 28th.

The new Ledger Nano X has a Bluetooth feature that easily and reliably connects through the Ledger Live Mobile app, which allows users to connect the device to their smartphone, providing increased mobility without sacrificing security, though we are still a bit concerned about the wirelesses connectivity option. The new Ledger Nano X can store up to 100 crypto assets from more than 1100+ supported, which is six times more capacity than the Ledger Nano S, and includes an improved interface with a larger screen to make things easier for the user. The Ledger Nano X costs $119 USD to pre-order now and shipping is expected to start in March.

– For more details on the new Ledger Nano X mobile-friendly hardware crypto wallet…

Latest OpenBazaar Release Enables Trading of 1500+ Cryptocurrencies

29, Jul 2018

The latest OpenBazaar version 2.2.2 released brings improved cryptocurrency trading features to the users of the free online marketplace with no fees and restriction that uses cryptocurrencies for payments. The most significant expansion is the number of crypto coins that can be bought and sold on the platform, previously there were about 60 available. Now there is price data from CoinMarketCap and there are more than 1500 coins you can trade on OpenBazaar. If you want to see if a specific coin is available, download OpenBazaar and start the process of creating a cryptocurrency listing and you will see the full list of coins in a dropdown menu. The best thing is that there are no fees to pay and no accounts to sign up for. It’s a direct swap of cryptocurrencies between you and the other party, and if you choose a moderated Bitcode Method and payment (highly recommended) then there’s a third party available in case of dispute.

The latest version also brings the ability for users offering to trade coins to mark up or discount their price. Instead of only being able to offer a trade at market price, you can choose to add a markup, which will automatically increase the price to the buyer based on the percentage they choose. You can of course also choose to offer a discount from regular market price and make your offer even more attractive. The software constantly is updating the market price of the cryptocurrencies involved in the trade, and will add the markup or discount at the moment the trade happens.

– For more details about the OpenBazaar platform and cryptocurrency trading on it…


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