Motherboard Manufacturerer ASRock Plan to Sell GPU Miners

There will be four video cards, based on the Radeon developments, designd for mining
04 April 2018   1598

Taiwanese company ASRock has developed a line of GPUs, designed for the production of cryptocurrency. The representative of the company confirmed that four of the devices presented in the Phantom Gaming Series line are "exclusively for mining", CoinDesk reports.

All the presented video cards are based on the AMD RX series. Four versions of the RX570 are designed to produce cryptocurrency, and only the fifth in the line - the RX570 8G OC - is aimed at gamers.

In the end of March in the Twitter account Videocardz. com appeared a screenshot from the presentation, in which four models of video cards were marked in the "Mining" segment.

ASRock GPUs
ASRock GPUs

In July 2017 ASRock introduced a new motherboard H110 Pro BTC +, designed for miners.

Litecoin to Implement Reward Halving Successfully

Block reward was reduced from 25 LTC to 12.5 LTC on block 1,680,000
06 August 2019   157

Today, on August 5, the reward for the Litecoin block for miners was halved.

Halving happened on block 1,680,000, changing the block reward from 25 LTC to 12.5 LTC. The next halving will take place in four years - tentatively on August 2, 2023, as a result of which the block reward will decrease to 6.25 LTC, making digital silver even more scarce.

Litecoin Block Reward Halving Countdown
Litecoin Block Reward Halving Countdown

According to litecoinblockhalf, 75% of the total Litecoin supply has been mined so far. The current inflation rate of the coin is 4.26%, and after four years it should drop to 1.80%.

Many investors were sure that the market had long “digested” the positive expectations in connection with a decrease in cryptocurrency emissions and expected either a sideways price movement or even a decrease in the LTC rate.