AMD launches beta driver for Ethereum mining

Advanced Micro Devices (AMD) launches a beta version new software for blockchain compute workloads 
22 August 2017   4314

Graphics processing unit manufacturer Advanced Micro Devices (AMD) has launched a beta version of its new software driver called the Radeon Software Crimson ReLive Edition Beta for Blockchain Compute.

The software is designed mainly to improve the performance of GPUs that are used in cryptocurrency mining, e.g. Ethereum mining.

According to the report, the driver is provided as a beta level support driver which "should be considered "as is" and will not be supported with further updates, upgrades or bug fixes". On top of that, the driver is not intended for graphics or gaming workloads.

Instead, as the company details, this new driver has an optimized performance especially for blockchain compute workloads.

As for the compatibility, Radeon Software Crimson ReLive Edition Beta for Blockchain Compute is compatible with the following AMD Radeon products:

Radeon Software Crimson ReLive Edition Beta for Blockchain Compute compatibility Radeon Software Crimson ReLive Edition Beta for Blockchain Compute compatibility

As techpowerup.com speculates, AMD "took it upon themselves to release this driver due to AMD's well documented DAG performance decrease for Ethereum mining hashrates". Thus, according to Legit Reviews, the Radeon RX 480 went from an expected 14.8 MH/s at DAG #199 (down from 24.6 MH/s at DAG #130) to a prospective 24.8 MH/s DAG #199 performance according to Claymore's benchmark script. Performance improvements from the non-blockchain-geared driver release seem to stand at around 10-15%, which is pretty for a beta release.

Users Suspected RusGas of Scam

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol
07 December 2018   97

The RusGas cryptocurrency project (RGS) demonstrates disturbing signs and releases new tokens in excess of the pre-set emission limit, Cryptovest reports. With an aggregate capitalization of $ 117, RGS trading volume for the last few days is $ 35,000. Events unfold against the backdrop of promises made by the project organizers about the upcoming restart.

Most of the RGS trade is focused on the Crex24 exchange, which has a daily  of $ 700,000. RusGas had a daily volume of several million dollars in its best days, which already then caused questions about the authenticity of this value.

According to CoinMarketCap, RGS emissions are limited to 10 billion tokens, but Etherscan indicates that currently 298 addresses contain 860 billion RGS. The rapid growth of emissions was recorded in recent days and hours. The largest wallet contains 99% of all tokens, which is probably the crex24 wallet. The developers themselves explain these movements to the next restart.

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol(PRL), when the additional issue feature was used in a smart contract.

The likelihood of such an outcome is a characteristic feature of projects based on the Ethereum protocol, which allows additional emission of tokens through a smart contract at the discretion of its owner, not to mention other vulnerabilities that cost investors a lot of money.

RusGas is based on the idea of ​​using tokens and blockchains to optimize the Russian gas industry. Despite the dubiousness of the project’s mission, the data on the network indicates that in April of this year he managed to raise $ 2.2 million for ICO.