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Ethereum Core Devs: Funding for ProgPoW 3rd-Party Audit Approved

Ethereum core developer Hudson Jameson announced that an audit of the ASIC-resistant Proof of Work algorithm ProgPoW has been funded. Ethereum (ETH) core developer Hudson Jameson announced that a third-party audit of the Application Specific Integrated Circuit (ASIC)-resistant proof-of-work algorithm ProgPoW has been funded. The dev made the announcement during the latest bi-weekly Ethereum core […]

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‘Free’ Money: How Students Mine Cryptocurrency in Their Dorm Rooms

Crypto mining seems popular among students, but does this “free” money thing really work? Last month, reports surfaced on crypto mining research conducted by tech conglomerate Cisco with the following headline: “College kids are using campus electricity to mine crypto.”Indeed, many students don’t have to worry about paying power bills, as per their university housing […]

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Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales

Nvidia released its Q3 2018 results today, revealing a “crypto hangover” as GPU prices failed to adjust quickly enough to disappearing demand from crypto miners. Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up. […]