This Week in Mining - Nvidia unveils new line of GPUs, ETH fees 40% of miner revenue in Aug

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Here are some headlines from a light news week:

  1. Nvidia unveiled their new line of 3000 series GPUs set to launch this month. The lineup is reported to be a significant performance leap over the previous generation’s offerings, which has miners interested in their mining capabilities. However, from a price-performance perspective, AMD may still be the frontrunner for miners, as Nvidia’s next gen offerings will come with a premium due to its strong position within the gaming market.
  2. The Block reports that over 40% of Ethereum (ETH) mining revenue in the month of August came from transaction fees. For comparison, the percentage of revenue from fees was around 10% this May.
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