Reports suggest that mass production of the chips began in January 2018, while Samsung are said to developing GPU mining chips which will be focused
on altcoin mining algorithms.
Although AMD told CNBC that making GPU's for gamers remains its priority, it is also being reported that the chip manufacturer is planning to make
dedicated altcoin mining GPUs.
He said that Genesis is aware of the GPU shortage, but also noted that in the world
of altcoin mining, this is nothing new.
The fraudulent firm says it allows traders to achieve more profits through reinvesting their funds in its cloud mining service which offers an alternative to those who would like to engage
in altcoin mining activities.
Recently BTCC just
started altcoin mining and started with litecoin, and the pool will soon mine bitcoin cash as well, Lee reveals.
As PC Gamer recently reported, it appears as though
the altcoin mining boom had created a global GPU shortage.
As Bitcoin mining difficulty has increased making it difficult for individuals to mine effectively and efficiently,
Altcoin mining is often the popular choice rather than Bitcoin.
If you live in the Western Hemisphere, it is likely that electricity costs are high enough that the prospect of getting involved in Bitcoin or
altcoin mining is something of a false economy.
The developers of the browser have created a specialized feature designed for the sole purpose of preventing unauthorized bitcoin and
altcoin mining on your computer.