Raised $374,000 and disappeared
A startup on the Ethereum platform vanished from the internet on Sunday after raising $374,000 from investors in an Initial Coin Offering (ICO) fundraiser.
At the right quality and price
There is no doubt that AMD GPU profits are coming from bitcoin miners and AMD is taking advantage of this sudden interest.
Biting the bit bullet
Bitcoin has become so slow and costly that even buying a packet of cigarette takes days to process with a $5 fee making it an unwieldy and expensive solution.
Ethereum to blame
The mid-range graphics card shortage, which happened due to the recent crypto currency mining fever, is probably at its end as used graphics cards have started to flood the market.
Ethereum mining craze is still on
The GPU shortage currently mainly affects the Radeon 500 series and especially the 580 and 570 cards. These are the best for mining Ethereum right now with Geforce GTX 1060 as a good alternative.
Don’t hope to get one soon
Miners of the modern world are using the Radeon and Geforce cards to dig the ore called Ethereum.
A few sources have confirmed that Nvidia is working on a new driver that might improve mining performance. This seems to be the hot topic in the last few weeks.
Down to three months
It looks like the GPU industry as we know is in the middle of a metamorphosis. Multiple sources from the channel, all the way to the AIB partners and chip manufacturers, have confirmed that GPUs used for mining will get shorter warranties.