Archive for the ‘General Info’ Category

blockchain-unconfirmed-transactions

At the moment it seems as if somebody is deliberately stress testing the Bitoin network by sending more and more transactions, so the queue of unconfirmed transactions is currently at over 6000 and continue to increase. With so many unconfirmed transactions waiting to be included in a block this brings the debate around the current limit of 1 MB block size and if this limit should be increased. It could be like somebody is intentionally testing how will the network handle the extra load in its current state causing the presence of so many unconfirmed transactions waiting in the queue. Or maybe, though not very likely, the Bitcoin network is currently overwhelmed with too many real users moving Bitcoins around causing a big queue and having people wait more for their transactions to be confirmed.

To check the number of currently waiting unconfirmed transactions on the BlockChain…

kimdotcom-greece-buy-gitcoin-gold

In a recent tweet about a high possibility of Greece’s bankruptcy leading to a market crash Kim Dotcom advices people to invest in Gold and Bitcoin in order to stay safe. It is up to you to listen or not to that advice, but we think that it may not be wise to ignore it completely. Kim Dotcom has been promoting the use of crypto currencies such as Bitcoin for some time now and it is highly possible that he also has plans for integrating crypto currency support in high projects such as the MEGA file upload service and. With that said he is also a controversial figure, but the situation in Greece is not looking good and they may as well be headed for bankruptcy and if it happens it will influence not only the European markets. With such an advice you might want to check out the service BitGold where you can not only buy Gold with fiat or Bitcoin, but also use it as a means for digital payments or redeem it as physical Gold if you wish to.

amd-radeon-300-series-specifications

Here are the official specifications of the new AMD Radeon 300 Series GPUs that should start appearing on the market any moment now, as expected they are essentially re-branded 200 Series GPUs. The more disappointing thing however is that specification wise and even price wise they are the same as their 200 Series counterparts, aside from a bit higher clocks maybe and possibly a bit lower power usage achieved with some optimizations of the manufacturing process. The new 300 Series GPUs come with the same amount of Stream Processors, the same number of TMUs and ROPs, even with the same memory bus width… so essentially we are getting pretty much the same thing, but with a new name and as a new product. So the AMD Radeon R9 390X is essentially an 8 GB version of AMD Radeon R9 290X, the AMD Radeon R9 390 is AMD Radeon R9 290 with 8GB VRAM, the AMD Radeon R9 380 is essentially an AMD Radeon R9 285, the AMD Radeon R7 370 is AMD Radeon R7 265 and the AMD Radeon R7 360 is essentially an AMD Radeon R7 260. Disappointing? Well we are, because we expected to actually see some more improvements that could actually lead to increase in performance, other than what you can do by overclocking the older GPUs yourself. So do not expect to get much different hashrate from these “new” AMD Radeon 300 Series GPUs for crypto mining…

amd-radeon-r-fury-x

Then comes the AMD Radeon R9 Fury X, based on the new Fiji GPU with HBM Technology – the only actually new GPU coming from AMD this time. With it we are getting a new smaller, but powerful video card with 4096 Stream Processors and efficient and silent water cooling. What we expect from this new GPU from AMD is to offer crypto currency mining performance that is very close to that of the recently introduced Nvidia GeForce GTX 980 Ti, and the price also seems to be the same. However the integrated water cooling of the AMD Fury X cards that is more silent and more effective than traditional air cooling solutions is making it the ore attractive choice for GPU mining needs. Of course we need to see how the new GPU will actually perform, but as we’ve already said our expectations are for very similar performance to that of the GTX 980 Ti. So if you are looking for new high-end GPUs from AMD to use for building GPU-based crypto currency mining rigs, than the Fury X could be a good choice, unlike the “new” 300 Series that are actually nothing new.


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