People were limited to minting 20 per transaction.Ī one-hour first access window was available for Pixel Vault Founder’s DAO NFT holders. The issue was sold for 0.10 Ethereum (CRYPTO: ETH) each.
What Happened: Pixel Vault released PUNKS Comic Issue #2 “X Marks the Spot” Friday. Well-known NFT and intellectual property company Pixel Vault released its latest NFT collection Friday, which saw huge demand and a fast sellout. Rather than acting as any sort of haven asset, they responded similarly to other risk assets. While all 4 cryptos are well up for the year, it’s worth noting that each of them fell heavily when news of the Omicron COVID variant hit the wires on 26 November. The dog-themed crypto ended November worth 0.0052 cents, down 17% for the month.Īs for Dogecoin, it started November worth 26 US cents and at 30 November was trading for 22 US cents, a loss of 15% for the month. Turning to our meme coins, Shiba Inu kicked off November trading for 0.0063 US cents. One Bitcoin was worth US$60,269 on 1 November, falling to US$58,120 by 30 November, a loss of 3.5% for the month. Unlike Ether, Bitcoin finished the month in the red. The current BTC trading window seems to associate the asset more with global currency trends, inflation hedges, etc… While ETH has, at least from a current market perception standpoint, higher correlations with the growth of crypto sub-sectors. Analysts are pointing to its real-world use cases in decentralised finance (think smart contracts) for its outperformance.Īccording to Stephane Ouellette, CEO of crypto platform FRNT Financial Inc (quoted by Bloomberg): The token finished the month worth US$4,604, up 6.7%.Įther has been outperforming Bitcoin and most altcoins this year. Of the 4 most heavily traded, only Ethereum finished November in the green.Įthereum commenced November trading for US$4,314. The original ‘dog coin,’ Dogecoin (CRYPTO: DOGE), hit its own record high of 74 US cents a bit earlier in the year, on 8 May. Shiba Inu (CRYPTO: SHIB) traded for an all-time high of 0.0088 US cents on 28 October. Two other heavily traded cryptos, the so-called meme coins, hit their own record highs earlier this year.
We’ll leave those forecasts to analysts with more clear crystal balls than our own.īut we do note that 4 of the most heavily traded cryptos each reached new all-time highs in 2021.īitcoin (CRYPTO: BTC), the world’s first and still dominant crypto, traded for a record US$68,790 (AU$97,140) on 10 November, according to data from CoinMarketCap.Įthereum (CRYPTO: ETH), the second biggest, also hit its record high on 10 November, trading for US$4,856. And no shortage of opinions on where the market may be headed next year. There’s been no shortage of hype over cryptos this year. A graphics card will be released on January 19 and has a price tag of $199.
That makes users the beneficiaries of this new graphics card. This puts it inferior to the company’s other graphics cards, which use 8 GB of VRAM and a 128- bit bus.Īccording to AMD, the 4 GB of VRAM is more than enough for most triple-A games, but not optimal for mining. The graphics card has 4 GB of VRAM memory and 64- bit bandwidth. It also has 16 MB of Infinity Cache and can reach up to 2.6 GHz in gaming mode. This silicon offers 1024 stream processors and has Ray Accelerators. The RX 6500 XT features a Navi24 silicon based on TSMC’s 6nm process.
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Related: Windows 10 v1803 and KB4284835, Microsoft confirms new bug Due to its low price, it would be very tempting for Ethereum miners. If it had 6 GB of VRAM, for example, it could be used for mining. Since the AMD RX 6500 XT only has 4 GB of VRAM, it is impossible to store the DAG and therefore cannot be used for Ethereum mining. It is stored in VRAM because it has a larger bandwidth and because Ethereum’s mining process is GPU-based (simplified explanation). The DAG is stored in VRAM and is currently well over 4GB in size. This file grows every few blocks created. The AMD RX 6500 XT has only 4GB of VRAM, so it cannot be used for Ethereum mining.Įthereum’s mining process requires a file called DAG. This VRAM limitation was chosen due to the low price of this graphics card. The new AMD RX 6500 XT graphics card only has 4GB of GDDR6, so it cannot be used for Ethereum mining.
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