A recent report has made it known that AMD — a computer chip giant, has partnered with seven companies to facilitate the development of the best crypto mining rig for every class of miners.
Longest Bear Market
The nosedive in price and value the crypto market has experienced so far in 2018, has had some negative impact on all sectors of the crypto industry, especially the crypto mining sector. This drastic drawdown in the price of crypto has made mining these coins not so profitable, especially for Miners making use of GPUs. Ironically, there has been reporting of some ASICs manufacturers making considerable revenues. The fact that mining hardware manufacturers are earning more than the miners themselves is what has led AMD, a leading manufacturer of graphics cards, to partner up with seven top-ranking blockchain based companies to produce the best crypto mining rig for every class of miners.
AMD Set to Increase its Stakes in Mining Rigs
AMD which has reported that its sales of crypto mining related hardware have been so far minimal is trying its best to change this. The chip maker has recently listed some mining-related products on its official website catalogue. A report has also made it known that this listing is as a result of a partnership between AMD and seven other companies. This partnership made it possible for the company to produce mining rigs specifically oriented to hash rate optimization for blockchain mining operations.
The names of the companies in partnership with AMD are Sapphire, ASROCK, ASUS, MSI, Biostar, TUL and Rajintek.
With eight mining products available for purchase on the website, each one is designed to offer solutions according to the expectations and purchasing power of each user. The eight mining rigs have been described by experts to range from a simple mining solution such as the stability-focused ASUS I to options more complex hardware such as the SAPPHIRE INCA™ CS-14 Series powered by 14 AMD Radeon RX 470 GPUs (upgradeable to RX580).
It is important to note that the prices of these mining rigs have not been listed on the chip maker’s official website. The only thing available right now is a full specification of each miner.