AMD Releases New Software Package for Cryptocurrency Mining

in cryptocurrency •  7 years ago 

Graphics card (GPU) maker AMD is rolling out new software geared specifically for cryptocurrency mining.

As detailed on its website, the "Radeon Software Crimson ReLive Edition Beta for Blockchain Compute" is described as a beta-level driver aimed at improving the performance of GPUs used for mining, the process by which new transactions are added to a blockchain, creating new tokens as a reward along the way.

AMD's release comes amid a period of growing demand for GPUs, which is being driven by elevated prices in markets for cryptocurrencies like ether, the native currency on the ethereum blockchain.

Indeed, both AMD and rival chip maker Nvidia have been taking advantage of the boom for graphics cards.

Both companies have issued statements on the subject in recent days, though in the case of AMD, the company has taken a somewhat bearish stance on the future of the cryptocurrency mining market.


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GPUs are definitely part of the future in modern computing! Should be interesting to see what the impact is to the current state of crypto mining!

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This is an interesting time we live in when computing power is about to hit a mega boom. I feel in the next few years we could be using lasers and nano computing to do the same work as the current hardware.