A New RX 570 16GB Is About to Hit the Market! – Sapphire Launches New GPU for GRIN Coin

RX 570 16GB Mining GPU Overview We know that only GPUs with 8GB or more can mine Grin – a new and very popular privacy coin that is being developed by the community. Such a high VRAM requirement considerably limits the array of cards that are compatible with the coin. While this means that Grin is harder to mine than most other coins, the project is getting a lot of attention lately, at the point that Sapphire Technology, a leading manufacturer and global supplier of components and commercial solutions, launched today a GPU oriented specifically to mine this coin. By “oriented” I mean that the RX 570 16GB card was designed to mine this specific coin in mind, however it can also be used to mine other cryptocurrencies too…

Broke Iran Seizes 1,000 Crypto Rigs, Skips Bitcoin Mining Mosques

As sanctions imposed by the United States continue to bite reducing government revenues and widening the budget deficit, Iran has turned its ire to Bitcoin mining operations in the country that are mooching off the country’s heavily subsidized power. Bitcoin mining in Iran nearly as profitable as in China According to Reuters, 1,000 bitcoin mining […] The post Broke Iran Seizes 1,000 Crypto Rigs, Skips Bitcoin Mining Mosques appeared first on CCN.com

Mind-Blowing Facts About Cryptocurrency Threats

Cryptocurrency assets are very appealing, mostly because of their decentralized nature. Cryptocurrency transactions are not controlled by any centralized authority, which means there’s no intermediary to control or manipulate transactions between two parties in case of Cryptocurrency threats such as hacks. Cryptocurrencies owe their success to the blockchain technology. Blockchain transactions are immutable and much […]

Iran Accuses US of Looking to Thwart Its Bitcoin Mining Operations

Iran’s Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, said that Trump’s administration is working to block bitcoin mining in the country, according to local news outlet Fars. After lobbying to get the country out of the SWIFT system, the U.S. now seems to have its eyes set on the recent interest of Iranian […] The post Iran Accuses US of Looking to Thwart Its Bitcoin Mining Operations appeared first on CCN Markets

Dow Bounces 372 Points But Fed Paradox Haunts Wall Street

Another day of risk-on trading launched the Dow Jones nearly 400 points higher on Thursday, as the US and China finally have a date to renew trade talks. Market bulls are betting that we have seen the worst of the trade war and are enjoying the resiliency of the US economy. Dow Roars Higher After […] The post Dow Bounces 372 Points But Fed Paradox Haunts Wall Street appeared first on CCN Markets

Is the NSA’s ‘Quantum-Resistant Crypto’ for Nefarious Means?

The U.S. National Security Agency (NSA) is going from crypto surveillance to crypto creation. According to Bloomberg reporter William Turton, the agency is developing “quantum-resistant crypto.” Anne Neuberger, Director of NSA’s new Cybersecurity Directorate says that the agency will propose hardware and software standards again. Also notes agency is working to build quantum resistant crypto. […] The post Is the NSA's 'Quantum-Resistant Crypto' for Nefarious Means? appeared first on CCN Markets