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Mike Novogratz Boldly Goes Where No Wall Streeter Has (Publicly) Gone Before

The latest voice from Wall Street to offer their two cents about Bitcoin and cryptocurrency, in general, is Mike Novogratz. The former manager at Fortress spoke highly of the opportunities that the revolutionary technology behind Bitcoin presented, as well as the scope for huge profits on the way. In an interview with a leading financial publication recently, he claimed Bitcoin (cry

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Graphics Card Manufacturer Stocks Continue to Move with Crypto Market

It’s not just the cryptocurrency space that’s having an excellent financial year in 2017. Companies supporting the industry are also setting personal bests in terms of their own stock prices.Chief amongst these are AMD and NVIDIA. Stocks in both have seen colossal growth in recent months, outpacing the rest of the S&P 500 considerably. The two companies officially hold the title of number

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Bitmain Unveils two new GPU-based Mining Hardware Units

Rumor has it that Bitmain will introduce new cryptocurrency mining equipment soon. The company is best known for their Bitcoin mining hardware these days. However, they also sell miners for Litecoin and Dash as we speak. The new rigs are mainly focused on proving GPU-based hardware for Ethereum mining. An interesting venture, although it remains to be seen whether or not there is any truth to the

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Nvidia Shares Mimic Bitcoin Price As Company ‘Shields’ Itself From China

Nvidia’s transformation catering to Bitcoin has even led to shares echoing the virtual currency’s price performance.As analysts forecast a drop in demand for its products due to price drops from Chinese uncertainty, Nvidia is beginning to post daily share price results in line with Bitcoin.Nvidia gained 3.9 percent through Monday and Tuesday, while Bitcoin gained 3.7 percent in the same period

Bitcoin and Nvidia Price Soar in Sync

Featured The stock price of chipmaker Nvidia and the value of Bitcoin continue to skyrocket almost in sync. These two technology disruptors, in their respective fields, are propelling amazing technological and economic changes. Their significance is being clearly reflected in the financial markets, as the values of both NVDA and BTC reach a

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AMD’s New Vega 56 GPU Sells out Quickly Thanks to Cryptocurrency Miners

Graphics cards are of great interest to cryptocurrency miners. Albeit they don’t use this hardware to mine Bitcoin, GPUs still have their place. Especially when it comes to mining some of the popular altcoins, there is no other option. Monero, Ethereum, and ZCash are just some of the currencies people mine with AMD GPUs these days. The company recently unveiled their new card, called the Vega 56

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Opinion: What Are ICOs Actually Worth?

ICOs were driving me crazy. In fact, as I think about it, a lot of “altcoins” were driving me crazy, too. Why were they worth much of anything at all, much less billions of dollars?Just because a bunch of Japanese banks are using XRP to transmit money transfer information, why is XRP worth $5 bln? Simply because lots of contracts are using (and far more will use) the Ethereum blockchain for sm

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Ethereum Mining: AMD Launches New Software For Blockchain Compute Workloads

Semiconductor firm Advanced Micro Devices (AMD) has recently launched a beta version of its new Radeon Software Crimson ReLive Edition Beta for Blockchain Compute graphics card driver.Based on the release notes from the company, the driver will boost performance for “Blockchain Compute Workloads,” thus bolstering the efficiency of digital currency mining computers that use a graphics processin

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