$117,938.00
5.98%$2,999.15
7.27%$2.59
6.27%$687.23
2.30%$164.05
3.77%$0.999941
0.00%$0.198151
8.89%$0.295634
1.73%$2,997.15
7.40%$0.700443
11.09%$45.66
9.25%$117,805.00
5.95%$3,633.31
7.54%$3.50
8.58%$15.37
6.61%$521.57
1.19%$0.305764
4.28%$20.89
6.96%$0.200275
12.96%$9.00
0.44%$3,210.59
7.20%$0.00001337
7.18%$2,998.23
7.41%$0.999993
0.03%$2.95
2.50%$95.29
4.60%$46.72
-0.02%$1.001
0.11%$118,014.00
6.04%$326.86
-0.00%$3.93
7.19%$0.0000127
14.85%$4.56
2.40%$1.001
0.14%$8.75
4.27%$310.41
4.40%$0.50384
6.63%$379.95
7.63%$4.94
7.04%$2.56
7.48%$1.18
0.05%$0.097812
2.11%$49.38
1.52%$5.46
4.96%$199.53
3.74%$0.906948
6.41%$1.00
0.00%$18.54
4.75%$1.059
0.04%$0.087367
8.02%$0.35096
20.54%$1.001
0.08%$0.637325
5.90%$4.64
6.81%$0.0246614
9.32%$0.41573
15.11%$0.224459
7.24%$9.96
8.16%$0.75009
6.77%$16.22
1.52%$3.73
8.54%$4.46
0.29%$0.219931
12.66%$1.089
17.51%$3,003.81
7.29%$0.00002335
6.45%$0.084107
1.59%$0.321778
21.26%$2.60
6.41%$117,911.00
6.07%$115.54
3.87%$4.75
2.67%$1.67
10.24%$174.13
3.78%$0.493621
7.48%$0.999766
-0.02%$0.997393
0.08%$11.35
1.61%$3,143.79
7.23%$3,417.78
7.29%$1.36
16.30%$1.001
0.07%$1.88
9.88%$0.02103652
10.76%$1.26
1.48%$12.56
13.08%$0.674035
13.57%$1.80
10.11%$0.0168738
3.80%$0.071925
3.06%$0.752853
7.79%$3,205.86
7.36%$3,151.05
8.97%$0.342146
6.23%$117,762.00
5.90%$1.00
0.02%$3.69
14.51%$1.021
6.51%$3,159.94
7.51%$1.00
0.04%$0.00010095
8.62%$0.09845
8.28%$117,702.00
6.06%$1.11
-0.02%$0.507033
11.62%$0.159964
4.25%$3,334.95
0.34%$118,961.00
11.39%$687.70
2.37%$0.577283
56.10%$0.999312
-0.02%$3,236.69
7.34%$12.03
-3.11%$0.635703
12.19%$2.51
4.98%$0.546439
4.80%$184.21
3.72%$3,330.71
0.41%$214.67
3.76%$0.808359
8.87%$0.01735194
11.92%$0.854556
7.78%$22.31
9.35%$2.74
11.00%$0.184505
6.05%$0.01481964
13.19%$0.291295
7.63%$111.75
0.01%$10.74
0.01%$42.78
4.74%$0.804241
9.37%$1.97
3.46%$0.998435
0.07%$2,999.28
7.46%$0.117019
10.05%$45.71
9.33%$4.04
8.26%$3,203.34
7.21%$0.00000066
3.91%$1.091
0.27%$0.240732
4.28%$0.601548
5.99%$0.00000161
24.94%$3,145.98
6.94%$0.00927101
7.20%$117,341.00
5.78%$117,748.00
5.88%$2,998.31
7.31%$0.37927
7.52%$0.309314
7.50%$0.548497
10.66%$0.997769
0.01%$0.419626
2.36%$0.057855
14.97%$117,916.00
6.03%$0.549997
6.70%$0.999519
0.23%$1.56
9.85%$1.71
4.62%$0.672002
6.06%$26.61
4.59%$45.66
9.25%$0.145988
19.25%$0.01502306
6.28%$0.198201
8.90%$2,999.58
7.33%$1.00
0.02%$0.998823
0.06%$2.63
8.89%$0.00822691
7.97%$0.094048
20.86%$0.00479601
9.19%$0.227937
-0.32%$0.626138
10.11%$3,198.99
7.13%$8.07
3.88%$0.424268
4.66%$1.22
9.93%$48.10
5.16%$0.999911
0.01%$0.451605
20.41%$1.001
0.02%$6.30
7.16%$0.00000045
0.81%$1.40
10.99%$15.42
7.43%$0.060932
-0.02%$0.173805
8.97%$3,308.62
7.31%$0.058704
18.45%$0.353806
10.26%$2.51
9.62%$0.00002093
7.64%$6.36
11.91%$1.093
-0.00%$0.00446217
11.98%$1.68
10.27%$0.99482
-0.11%$116,239.00
4.70%$0.153922
5.49%$3,281.33
7.42%$1.00
0.04%$0.04038644
6.99%$0.5454
4.97%$2,993.59
7.21%$2,996.79
7.34%$0.00715937
9.28%$0.374112
9.36%$1.00
0.02%$0.373636
11.14%$1.24
8.20%$0.07772
12.74%$2,976.01
6.69%$0.03620388
3.22%$117,414.00
5.67%$0.25415
18.36%$0.534749
5.39%$179.51
3.88%$0.774617
9.70%$0.00006391
6.67%$0.0180333
2.54%$21.01
2.12%$1.23
8.89%$3,628.36
7.22%$126.76
5.85%$0.831047
2.86%$0.999895
0.03%$11.12
4.98%$0.225172
7.54%$0.766315
5.08%$0.314769
3.80%$0.999429
0.02%$0.999908
-0.12%$0.00371362
5.99%$0.999643
-0.00%$0.00450314
12.15%$25.41
7.00%$20.89
6.96%$0.655436
5.44%$1.00
0.08%$0.02970266
16.50%$117,720.00
5.92%$2,369.05
6.00%$0.02965123
7.52%$3,141.53
7.09%$6.88
7.81%$1.02
0.07%$0.28902
20.39%Reading
Computer hardware manufacturer Nvidia has profited off of the cryptocurrency mining industry in recent years—but now CTO Michael Kagan has reportedly said that crypto does not “bring anything useful for society,” according to The Guardian.
Instead, Kagan hopes that NVIDIA products are used for artificial intelligence (AI) development rather than crypto mining.
“All this crypto stuff, it needed parallel processing, and [Nvidia] is the best so people just programmed it to use for this purpose,” Kagan said. “They bought a lot of stuff, and then eventually it collapsed, because it doesn’t bring anything useful for society. AI does.”
The hackers behind last week's Nvidia data breach claim to have a customized driver that unlocks the limitations on the GPU manufacturer's graphics cards that prevent them from being used to mine cryptocurrencies. According to PC Mag, the LAPSUS$ hacking group posted messages in its public chat room offering a customized driver for sale that, it claims, is capable of unlocking the hash rate limiter on Nvidia's RTX 3000 GPUs. “If someone buy us the LHR, we will provide ways to fuck LHR without fl...
While Kagan argues that the crypto industry has “collapsed,” Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, have regained value in recent months. Bitcoin is up 17% in the past month, and Ethereum is up 7% per CoinGecko data.
The emerging Web3 gaming industry has also seen substantial venture capital funding in recent months. But Kagan simply doesn’t believe that crypto has merit.
“I never believed that [crypto] is something that will do something good for humanity,” he added. “You know, people do crazy things, but they buy your stuff, you sell them stuff. But you don’t redirect the company to support whatever it is.”
Kagan did not immediately respond to Decrypt’s request for comment.
Nvidia has a historically mixed relationship with crypto. Before Ethereum’s move to a more energy-efficient proof-of-stake model in September 2022, there was a high demand for powerful graphics cards (GPUs) as Ethereum miners used them to mine token rewards via the original proof-of-work model.
Former "Call of Duty" developer Rob Bowling, now head of Midnight Society Studio, checked in with Decrypt's Kate Irwin at GDC and shared some behind-the-scenes statistics on how players are enjoying "Deadrop." The game saw 90,000 player hours over the weekend, with 97 minutes average play time per player, and their community size tripled in just a few days.
Combined with a pandemic-related chip shortage, the cost of GPUs skyrocketed and it became near-impossible for gamers to buy the latest generation of graphics cards.
In an effort to deter crypto miners, Nvidia first tried to force hashrate limitations on its products—for which hackers found a workaround. Later, the company released special products designed for crypto miners, such as the Nvidia Cmp Hx, a chip which NVIDIA’s website states is “designed for professional mining operations.”
The SEC has reached a $5.5 million settlement with Nvidia for failing to disclose the impact of cryptocurrency mining on its gaming business in two quarterly filings in 2018. "Without admitting or denying the SEC’s findings, NVIDIA agreed to a cease-and-desist order and to pay a $5.5 million penalty," reads a release from the SEC. Nvidia started mentioning crypto mining and its impact on its original equipment manufacturer (OEM) business as early as August 2017. “Our PC OEM revenue increased by...
Despite Kagan’s dislike for crypto, Nvidia has profited off of the industry for years. The firm’s PC original equipment manufacturer (OEM) revenue jumped 200% in 2017, with Nvidia writing that the spike was “due primarily to strong demand for GPU products targeted for use in cryptocurrency mining.”
Last year, Nvidia paid the U.S. Securities and Exchange Commission (SEC) $5.5 million in fines for failing to disclose that its gaming GPUs also saw success because crypto miners were buying up those products en masse as well.
The flexibility of Arbitrum’s tech stack may be gaining traction on Wall Street through Robinhood and its stock tokenization push, but the Ethereum layer-2 scaling network’s qualities should eventually make it a go-to hub for game developers, according to Offchain Labs CEO Steven Goldfeder. In an interview, Goldfeder said that companies like Xai Games and Proof of Play are leveraging Arbitrum’s architecture to create custom blockchains for gaming, showcasing how the Nintendos of the world may on...
The team behind the Fortnite-like battle royale game OpenSeason has stopped production on the Ethereum-powered shooter—and instead launched a nudity-filled, crypto-infused puzzle game called Booby Bot. Inspired by Battle Nips, a cult internet game played across various forums and websites, Booby Bot asks players to guess where a woman’s nipples are hidden on a grid of 100 squares. Booby Bot evolves the concept further by using AI to generate the images, and requires players to find a tattoo whil...
Off the Grid’s GUN token is set to expand to Solana on Thursday after originally being launched exclusively on Avalanche, which powers the battle royale shooter’s dedicated L1 network, GUNZ. A Solana-themed skin pack has also been released for the game, marking the ecosystem expansion. The move is largely motivated by lowering the barrier for entry for users to buy the GUN token, as well as part of what an official X post called the project’s “multi-chain ethos”—suggesting that other chains coul...
