Share this article
AMD Releases New Software Package for Cryptocurrency Mining
Graphics card (GPU) maker AMD is rolling out a new software driver geared specifically toward cryptocurrency mining.
By Stan Higgins
Updated Sep 13, 2021, 6:50 a.m. Published Aug 16, 2017, 3:00 p.m.
Graphics card (GPU) maker AMD is rolling out new software geared specifically for cryptocurrency mining.
As detailed on its website, the "Radeon Software Crimson ReLive Edition Beta for Blockchain Compute" is described as a beta-level driver aimed at improving the performance of GPUs used for mining, the process by which new transactions are added to a blockchain, creating new tokens as a reward along the way.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
AMD's release comes amid a period of growing demand for GPUs, which is being driven by elevated prices in markets for cryptocurrencies like ether, the native currency on the ethereum blockchain.
Indeed, both AMD and rival chip maker Nvidia have been taking advantage of the boom for graphics cards.
companies have issued statements on the subject in recent days, though in the case of AMD, the company has taken a somewhat bearish stance on the future of the cryptocurrency mining market.
Positions aside, the rush to acquire GPUs in pursuit of profits has had an effect on the revenues for both firms – last week, Nvidia's CEO declared that cryptocurrencies are "here to say".
That said, the release of the driver – a piece of software that enables computers to communicate with hardware components – signals that AMD is looking to keep miners around, at least in the near-term. AMD published the driver as a beta release, noting that it "will not be supported with further updates, upgrades or bug fixes."
Image Credit: Faiz Zaki / Shutterstock.com
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Gemini Approved by CFTC to Offer U.S. Prediction Markets, Stock Surges Nearly 14%
The decision allows Gemini’s affiliate to offer supervised event-contract markets to U.S. users, adding regulated forecasting tools as the firm expands its product lineup.
What to know:
- Gemini said its affiliate, Gemini Titan, received CFTC approval to operate as a Designated Contract Market.
- The firm stated that the license enables it to offer regulated prediction markets to U.S. customers.
- The Winklevoss twins praised the decision as aligning with President Trump’s push for U.S. leadership in the crypto sector.
Top Stories
