Xilinx crypto mining operations powered by high-tech FPGAs

The advent of Xilinx crypto mining operations has come as a shock to many in the mining realm. The Fortune 1000 company, Xilinx, operates in the semiconductor sector and specialises in the field-programmable gate arrays. The entry of Xilinx in the mining sector represents a threat to the altcoins including Nervos and Ravencoin that already suffer from vulnerable mining algorithms. The current market cap of Xilinx stands around twenty-four billion dollars ($24B). Xilinx moving in the crypto mining industry represents a giant shift that conventional firms now recognise crypto mining as a lucrative field. Historically, AMD and Nvidia GPUs have