GPU Shortages in Russia as Bitcoin Fever Shows No Sign of Stopping

GPU Shortages in Russia as Bitcoin Fever Shows No Sign of Stopping

Bitcoin’s high price is causing GPU shortages in Russia. Customers are buying 600 Graphics Cards at a time in order to mine cryptocurrency in exchange for Bitcoin. Market Demand Outstripping Supply Russia is the latest country to hit the headlines with news of its...
Former Microsoft Engineer Helps Raise $8 Million to Fund Giga Watt Project, an “Airbnb for Bitcoin Mining”

Former Microsoft Engineer Helps Raise $8 Million to Fund Giga Watt Project, an “Airbnb for Bitcoin Mining”

Giga Watt Token Launch has raised $8 million to democratize access to the Washington state-based crypto mining operation founded by former Microsoft engineer Dave Carlson. [Note: This is a press release.] The facility allows anyone to participate in cryptocurrency...
5 Companies Set to Profit From The Cryptocurrency Gold Rush

5 Companies Set to Profit From The Cryptocurrency Gold Rush

Nvidia, AMD, Intel and Micron as makers of hardware mining tools, such as GPUs and ASIC-based mining solutions, are tapped to profit the most from the new internet gold rush. Heigh-Ho, Heigh-Ho, It’s Off To Work We Go As the price of Bitcoin rises it has the knock-on...