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AMD will begin selling its latest budget GPU, the Radeon RX 6500 XT, on January 19th. Its retail price is $199. But the ongoing GPU shortage, caused in part by cryptocurrency miners and scalpers who are snapping up every card they can get, has made it mostly impossible to get any graphics card at its list price over the past year. Whether the 6500 XT will be any different depends partly on supply, but AMD has also apparently designed the card to make it deliberately less appealing to miners while retaining its usefulness as an entry-level graphics card. Speaking to journalists in a…
Most Surprising Crypto Statistics of 2021
Cryptocurrencies are a relatively new invention. In the past few years, they have gained tremendous traction thanks to mainstream popularity. It has also revolutionized numerous industries, especially the banking sector. Many fintech companies are based on blockchain and cryptocurrencies. For instance, crypto is now used for payment and cross-border remittances, filling a gap left by traditional banking systems. As a result, investors have found crypto to offer great investment opportunities. It is therefore imperative that you understand cryptocurrencies’ scope. We have pared down some of the most surprising crypto statistics about cryptos that you should know. 1. Bitcoin Surpassed $1…
Between Bitcoin-themed superspreader events and cringey branded NFT’s, those within the crypto community have set a high bar for devising the worst ways to hawk their currency of choice. But this week, the creators of an Elon Musk-themed cryptocurrency dubbed the “Elon Goat Token” (yes, that’s actually what it’s called) came up with a promotional campaign that might have just blown those other ideas out of the water. It’s a statue featuring Elon Musk’s expressionless face on a goat’s body, and it looks… exactly like you’d think it would. “At every crucial point in human history, a magnum opus, or masterpiece, has captured the essence…
Kosovo police on Saturday seized hundreds of cryptocurrency mining machines and arrested one person in the tense ethnic-Serb majority north as the country suffered an energy crisis. Cryptocurrencies such as bitcoin are created through solving complex equations – an endeavour that consumes enormous amounts of energy Tensions between the Serb-majority area and the ethnic Albanian majority government are running high and Kosovo’s government on Tuesday brought in a temporary ban on cryptocurrency mining in an effort to bring down electricity consumption. During the operation police “confiscated 272 different anti-miner devices used for the production of bitcoin”, a police statement said.…
Mark Zuckerberg’s version of an alternate/virtual universe aims to reconnect the millennials and Gen Z with a Facebook-related platform other than Instagram. This virtual world – populated by avatars of what exists in the real – is still a work in progress, but brands already are keeping close tabs. And if they find their consumers are already there, it’s just a matter of time for brands to take up spots there. Strip the ‘metaverses’ of all the hype that Zuckerberg usually adds to any initiative of his, it is still quite a cool concept. Provided consumers and marketers are willing…
Turkish capital Ankara has entered the metaverse, becoming the fourth test city in the universal virtual world after Los Angeles from the U.S., Bari from Italy and Finland’s capital Helsinki. Within the scope of the initiative, metaverse users will be able to tour Ankara and join all kinds of activities in the city virtually. The metaverse is a network of 3D virtual worlds focused on social connection, which a user will be able to enter via VR glasses. One of these virtual worlds under development is the Open Ar Cloud platform, which added Ankara to the list of cities to be displayed virtually. “We will…