Mining training to become available in most of India

30 cities in India will offer training programs in bitcoin mining in order encourage the rural population to be self-employed
29 March 2018   1117

Dalit Indian Chamber of Commerce and Industry is joining effort with social entrepreneur Dr. Tausif Malik to establish a training program for bitcoin mining in 30 cities of India. The Chamber is focused on providing opportunities to Dalits (sometimes referred as caste of depressed people). On the other hand, Dr. Malik started a platform for promotion of fintech, blockchain and cryptocurrency concepts in Maharashtra state specifically to attract investments into the region.

The program to be established is going to be called "Bitcoin Mining Training Program" and aims to empower the rural population (with the focus on the youth from farming community) to be self-employed and earn money from their homeplaces. Eventually it might give a spark to a brand new economic development in the area.

The new blockchain technology is the future of technology development and taking the world by storm and bitcoin/cryptocurrency mining is a must for blockchain platform to operate. Hence, we felt the need to offer bitcoin/cryptocurrency mining training program (BMTP) to our youth on a nationwide scale for self-employment.

 

Shri Milind Kamble

Founder and chairman, DICCI

The list of cities include Pune, Mumbai, Junnar, Aurangabad, Latur, Nashik, Nagpur, Osmanabad, Hyderabad, Vijayawada, Bengaluru, Chennai, Pondicherry, Cochin, Kolkata, Bhubaneswar, Jamshedpur, Bodh Gaya, Patna, Lucknow, Delhi, Jaipur, Varanasi, Bhopal, Indore, Raipur, Ranchi, Guwahati, Jammu, and Chandigarh. The first training shall take place in Pune in May.

Sapphire to Unveil Radeon RX 570 Nitro+

New GPU with 16 GDDR5 is specially designed for Grin mining
17 January 2019   108

Sapphire Technology has announced plans to release a new Radeon RX 570 Nitro + video card, equipped with 16 GB of GDDR5 memory. As reported by TechPowerApp, it is designed for Grin cryptocurrency mining.

Grin is based on the MimbleWimble protocol and the Cuckoo Cycle PoW hashing algorithm, which can load up to 11 GB of video memory, which explains the non-standard characteristics of the new graphics card.

The video card is made in the traditional Nitro + design with a dual-fan cooler and uses sixteen GDDR5 memory chips.

The cost of the Radeon RX 570 Nitro + has not yet been named, but Sapphire promises that it will be sold at the price of "one third of the cost of competing cards at 16 GB."

Aday after the launch of the main cryptocurrency network, Grin is mined by at least 88,000 graphics processors. Grin hash rate is 285.6K graphs / s.

Radeon RX 570 Nitro+
Radeon RX 570 Nitro+

In June 2017, Sapphire introduced a line of Mining Edition boards of five models, made on the basis of Sapphire Radeon RX 470 and Sapphire Radeon RX 560. The memory capacity of video cards ranged from 4 to 8 GB.