SAPPHIRE HAS INTRODUCED A VERSION OF THE RADEON VIDEO CARD FOR MINING THE CRYPTOCURRENCY GRIN
Sapphire company introduced a version of the Radeon RX 570 Nitro+ graphics card for mining the Grin cryptocurrency with an increased memory capacity up to 16 GB. Grin uses a new Protocol MimbleWimble and the hashing algorithm Cuckoo Cycle, demanding on the RAM. This was reported by the Chinese portal MyDrivers.
This video card is designed for mining cryptocurrency Grin, which was launched on January 15th. It is based on the MimbleWimble Protocol and the Cuckoo Cycle hashing algorithm. This algorithm is characterized by high memory consumption, so, as noted in Sapphire, the new graphics card will “significantly improve” the performance of the graphics card compared to ASIC-miners.
The new version differs from the standard Radeon RX 570 Nitro+ only in that it uses not 8, but 16 GDDR5 memory chips, which are soldered on both sides of the PCB.
The first cryptocurrency based on the MimbleWimble Protocol, Beam, was launched in early January.