PayPal Announces Bitcoin Support

It’s been a long time in coming, but PayPal announced in a blog post today that they have partnered with BitPay, Coinbase, and GoCoin to allow merchants to accept Bitcoin. This comes just a few weeks after the announcement that businesses working with Braintree would be able to accept Bitcoin, and this is a more direct use of Bitcoin. The support will come via integration in the PayPal Payments Hub, and there is one significant catch: for now this is only supported for merchants in North America. Still, it’s at least one small step towards further acceptance of virtual currencies. There are other qualifications to using Bitcoin with PayPal as well.

The blog notes, “To be clear, today’s news does not mean that PayPal has added Bitcoin as a currency in our digital wallet or that Bitcoin payments will be processed on our secure payments platform. PayPal has always embraced innovation, but always in ways that make payments safer and more reliable for our customers. Our approach to Bitcoin is no different. That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop.”

Interestingly, this comes at a time when the mining phase of Bitcoins and other virtual currencies has largely moved beyond GPUs and onto dedicated SHA256 and Scrypt ASICs. That’s good news for gamers and graphics gurus like our own Ryan Smith, as it means we hopefully won’t see quite as many GPUs that should be playing games sacrificed in pursuit of cryptocurrency mining. (And yes, I know there are many alt-coins that use other Proof of Work algorithms that haven’t been ported to ASICs, but few if any are actually profitable to mine with GPUs at this point.) Scott Ellison of PayPal also notes that PayPal has worked with many merchants selling cryptocurrency mining hardware, but they do not work with pre-orders/pre-sales (i.e. early funding of hardware that has not yet shipped).

Today’s announcement and the earlier Braintree announcement mark a clear change in tone from PayPal regarding Bitcoin, as the history of PayPal and Bitcoin has been a bit rocky up until now. Going back a few years, in the early days of Bitcoin PayPal actively took steps to prevent people from using their service to purchase Bitcoins. Others have reported bans from PayPal and closed accounts for dealing in Bitcoins. Obviously the inability to roll back purchases made via Bitcoin is a risk, and companies like Coinbase and BitPay now have services in place to mitigate some of the risks. Regardless, with sites like Newegg.com, TigerDirect.com, Overstock.com, and others all beginning to accept Bitcoin as a viable method of payment, it looks like PayPal has decided to join the club.

While there are still plenty of naysayers when it comes to Bitcoins and cryptocurrencies in general, this is great news for Bitcoin proponents as integration with PayPal opens the doors for thousands of small shops to begin working with Bitcoin.

NVIDIA Announces SLI LED Bridges

For those that just can’t get enough bling in their cases, NVIDIA today announced the availability of SLI LED bridges, available for the time being exclusively through the NVIDIA Store. Besides the obvious addition of LED lighting to the bridges, it’s also worth noting that these are rigid bridges so the cards need to be in specific slots. There are three bridges available, two for 2-way SLI, one for systems where the cards are two slots apart and one for systems where the cards are three slots apart, with a third bridge for 3-way SLI with the cards spaced two slots apart.

The new LED SLI bridges were recently on display at NVIDIA’s Game24 event, but this is the first time the bridges have been made available to the public. There are some caveats, unfortunately: for the time being the LED bridges are only available in the US/Canada at the NVIDIA Store. I suspect there will be some enterprising individuals that buy the bridges and then put them up on eBay or similar sites, but the other drawback is that the cost of the bridges is rather high already, so paying extra for non-North American markets will simply add to the price.

Speaking of which, the 2-way SLI LED bridges are priced at $29.99 while the 3-way SLI LED bridge will cost $39.99. That’s not really very different from EVGA’s existing illuminated 2-way SLI bridge and there’s now a 3-way LED offering, but it’s over four times the price of a normal 2-way or 3-way SLI bridge. Such is the price of bling.

As far as compatibility, the bridges are designed to work with all modern GTX cards with SLI support. NVIDIA specifically mentions the following products as being supported: GeForce GTX 770, GTX 780, GTX 780 Ti, GTX TITAN, GTX TITAN Black, GTX 970 and GTX 980. These are for NVIDIA reference designs, so the bridges may not work on cards with custom cooling solutions. GeForce Experience 1.7 or later is also required for the LED Visualizer, which allows control of the LEDs.

NVIDIA 344.11 & 344.16 Drivers Available

In the crazy rush to wrap up the GeForce GTX 980 review in time for the NDA lift yesterday, news of the first R343 driver release may have been lost in the shuffle. This is a full WHQL driver release from NVIDIA, and it’s available for Windows 8.1, 7, Vista, and even XP (though I don’t know what you’d be doing with a modern GPU on XP at this point). Notebooks also get the new drivers, though only for Windows 7 and 8 it seems. You can find the updates at the usual place, or they’re also available through GeForce Experience (which has also been updated to version 2.1.2.0 if you’re wondering).

In terms of what the driver update provides, this is the Game Ready driver for Borderlands: The Pre-Sequel, The Evil Within, F1 2014, and Alien: Isolation – all games that are due to launch in early to mid-October. Of course this is also the publicly available driver for the GeForce GTX 980 and GTX 970, which are apparently selling like hotcakes based on the number of “out of stock” notifications we’re seeing (not to mention some hefty price gouging on the GTX 970 and GTX 980).

The drivers also enable NVIDIA’s new DSR (Dynamic Super Resolution), with hooks for individual games available in the Control Panel->Manage 3D Settings section. It’s not clear whether DSR will be available for other GPUs, but it’s definitely not enabled on my GTX 780 right now and I suspect it will be limited to the new Maxwell GM204 GPUs for at least a little while.

There are a host of other updates, too numerous to go into, but you can check the release notes for additional information. These drivers also drop support for legacy GPUs (anything from the 300 series and older), so if you’re running an older GPU you’ll need to stay with the previous driver release.

Update: 334.16 is now available for the GTX 900 series. These drivers include the fixes to resolve the compatibility issues we were seeing with the GTX 970