Sentences with phrase «ethereum mining demand»
The concern is that such demand is not sustainable, but so far, Ethereum mining demand has been a boon for GPU...
http://blockchainwiki.review/ Not exact matches
But the release of Ethereum ASIC miner could adversely affect the mining - related demand for GPUs.
Of course, demand for GPUs will likely decrease as Bitmain and other cryptocurrency mining hardware manufacturers develop ASICs for more Proof - of - Work (PoW) hashing algorithms and Ethereum begins its transition to Proof - of - Stake (PoS).
Ken Research in its latest study, Global Cryptocurrency Market by Market Capitalization of Major Cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Litecoin, Monero, NEM and Others), by Mining Facilities and by Use of Bitcoin — Outlook to 2022, suggested that demand for cryptocurrency in the market will grow manifold in the future years albeit with restrictive government policies to consider the digital currencies as a legal tender.
The demand for these pixilated fuzzballs is so high that, at peak hype, they accounted for an estimated 20 % of the Ethereum mining community's computations.