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This software is specifically designed to improve the performance of GPUs used in crypto-currency mining.
The software is released to address the increasing demand for GPU for digital currency mining worldwide. This increase in GPU demand is driven by price spikes from Bitcoin and Ethereum.What is mining and what is the role of GPU in mining?
Digital currency mining is a method of processing, recording and securing virtual currency transactions, as well as the process of creating new cryptocurrency tokens using a computer.
During the mining process, a transaction will be added to the ledger or often called Blockchain. Meanwhile, miners who do this will be rewarded with new tokens for their work.
Due to the intensive energy needs, digital currency mining also requires a strong computer to increase their production. This is very profitable for GPU manufacturers like AMD and Nvidia.
Meanwhile, AMD's rival Nvidia also used the crypto mining turmoil to boost profitability in the second quarter of 2017.
The company's GPU division had generated revenues of $ 1.9 billion in the quarter, up 59 percent.
According to Jen-Hsun Huang, CEO of Nvidia, they are very confident about the future of digital currency, as well as Blockchain technology."CRYPTO IS BEING AND WILL BE LIVING, AND THE MARKETS WILL GROW BEING GREAT. THIS IS NOT MAY BE LOST IN TIME NEAR. WILL BE MORE MORE CURRENCIES ARISING, THEY WILL ARRANGE FROM VARIOUS COUNTRIES ... WE ARE VERY CLOSE WITH MARKETS, AND UNDERSTAND THIS DYNAMICS WITH VERY GOOD. "
Cryptocurrency Mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining. http://newlevelcoin.co
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