LBRY Credits LBC Mining Cloud Computing
In response to US Federal Communications Commission (FCC) voting to repeal Net Neutrality laws, Net Neutrality supporters who fear the worst are looking towards Substratum (SUB) as their saving grace. SUB has seen a significant boom in the wake of the vote, rising into the top 100 on Coinmarketcap recently. It currently sits at #98 with a market cap of just over $100 million. Substratum is an ERC-20 token aiming to decentralize the internet. In Substratum’s system, web users can access web browsing and hosting capabilities from other users in the network. These users represent individuals worldwide contracting their personal computers and physical servers in exchange for SUB.
Reddit gold gives you extra features and helps keep our servers running. LBRY Credits (LBC) Crypto Review. Cloud computing crypto.
Rather than paying fixed costs, users on the network pay for the amount of bandwidth they use through web browsing or other web browsers interacting with their content. Additionally, individuals contracting their hardware decide how much of their processing power they seek to sell out and at what times of day, making the process as comfortable and efficient for everyone involved as possible. The alpha of this platform (Version 1) is slated to launch at the beginning of 2018. Is Asch XAS Mining Still Profitable 2018 here. Along with this first version, the source code will be made public for members of the community to view and contribute to.
As testing continues, more tools will be integrated onto the platform, with a public beta currently planned for this time next year. Beyond acting as a decentralized internet, the platform promises a number of additional features for content creators and viewers.
Developments are planned to include a number of developer -tool-kits and extensions. There will also be an app store specific to SUB users, where developers can sell or share their own developments on top of the peer-to-peer platform with all other users. In an ISP environment where consumers experience content throttling and premium content packages, SUB offers an efficient and fair alternative. Beyond this, Substratum provides internet freedom to users based in censored jurisdictions, such as citizens of China. Furthermore, SUB brands itself as a cheaper alternative to traditional means of web hosting and browsing.
Critics of this project may claim that, although Substratum is branded differently, this project does not adequately distinguish itself from existing cloud computing cryptocurrencies, such as Elastic (XEL) and (). These projects, which have been in development and circulation for longer, may pose a threat when standing against SUB. On top of this, while SUB explains heavily why their system is better for consumers, it does not explain the drawback that hosts will have to the network. For existing physical web hosts, it’s impractical for them to forfeit existing, subscription-based profits to participate in this new, pay-as-you-go system. Additionally, SUB does not appear to represent a more resource efficient alternative to mining for the household PC.
If contracting one’s internet access is not less resource intensive, or does not payout at higher rates that traditional mining, it’s unlikely that significant participation in the network will be experienced. Regardless of your views towards Substratum, it is clear that, at this point in time, this project is leading the fight against Net Neutrality repeals in the sphere. Whether a competitor will overtake them or not can only be seen through the passing of time.
Responding to strong market demand, AMD is planning to increase production of graphics cards which are currently in short supply. The recently launched RX Vega GPUs have virtually disappeared from shelves, with mining gaining popularity among investors and enthusiasts. The revenue from the company’s Graphics Division has reached almost a billion dollars in the last quarter of 2017.
Recognizing the shortages, AMD is trying to satisfy both gamers and miners. Also read: Hydro-Quebec Unable to Meet Energy Demand From Miners More GPU Power Needed Increasing in mining during the past year has compelled companies like AMD to address the rising demand for hardware components. Skyrocketing prices of and the other cryptos have lured many new investors and ordinary enthusiasts into the mining business. GPUs are used to mine altcoins like and which require more moderate computing power. The miners’ appetite has forced Nvidia, AMD’s main competitor, to take steps to ensure gamers have a chance to get hold of its processors. It recently asked retailors to limit the number of graphics cards that can be purchased at a time. AMD also admitted that its Radeon cards were in short supply and acknowledged that mining applications were responsible for the shortfall.
Promising to increase production, the company hopes to satisfy the growing demand without disappointing any of its customers. “The graphics channel is very low, and we are certainly working to replenish that environment”, said CEO Dr.
Lisa Su, quoted by Polygon. Because the availability of graphics cards is “lower than we would like it to be,” she added: We are ramping up production. Her announcement represents a sharp turn after last fall when Lisa Su predicted that the demand from miners would start to level off in Q4. “As we look at it,[-related demand] continues to be a factor, but we’ve seen restocking in the channels and stuff like that. So we’re being a little bit conservative on the side of the equation,” she said in October. Speaking to investors during a conference, Dr. Su presented the latest corporate earnings report, referring to the mining market as a good part of AMD’s business.
Advanced Micro Devices has announced $1.48 billion USD of revenue in the fourth quarter of 2017. $958 million of that total came from its Computing and Graphics division, where the year-on-year increase reached 60%. Sales of graphics cards, like the new Vega 56 and Vega 64, have been a key factor. Short on Memory Though Other important players may influence AMD’s ability to make good on its promises to satisfy gamers and miners. While ramping up production, the company must take into account the already recognized shortages of RAM.
GDDR5 and HBM2 – the two main types of memory used in its RX 400, 500 and the new RX Vega graphics cards – are also undersupplied. In that respect, AMD’s management assured investors and customers it would work with its partners to overcome the deficit. Retailers also have a say when it comes to priorities on the GPU market. Some of them have already signaled their intention to implement their own measures to prevent miners from buying the bulk of the available graphics cards.
They simply want to make sure that gamers get their share of the stock. Another crucial factor is the fluctuating demand for mining equipment that tends to follow the ups and downs of the market.
The profitability of mining operations is highly dependent on the rates of the mined coins, as their prices affect the rate of return of mining projects. Do you think demand for mining components will grow in 2018? Tell us in the comments section below.
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