Nvidia CEO Jen-Hsun Huang commented on the rise of cryptocurrencies in an interview Friday, saying they are “not going to go away.”
The public interest in cryptocurrency mining has never been higher. Graphics cards are flying off the shelves. Everyone with access to relatively cheap electricity wants to capitalize on this cryptocurrency craze. As such, companies such as Nvidia see a nice increase in quarterly earnings. In fact, the concept of cryptocurrency mining boosted the company’s revenue […]
Demand from cryptocurrency miners for GPU maker Nvidia’s products was bigger than anticipated in the fourth quarter of last year.
The surge in popularity of Bitcoin and cryptocurrency in recent month has made mining far more lucrative. The demand for high end hardware and graphics cards has caused manufacturers such as Nvidia to change their stance on who should be buying their products. Gamers, like miners, need decent graphics cards and they are becoming scarce. […]
GPU maker Nvidia has tweaked its software license agreement to limit the use of its products by data centers – unless they’re mining cryptocurrencies.
Nvidia expected to launch more GPUs based on new Volta architecture, following the launch of the Titan V in December 2017. #ANALYSIS
Mining digital currency is certainly an attractive source of income. Plug in the GPU cards and let the digital gold pour. However, mining bitcoin alone consumes 0.13% of the world’s energy consumption. Fuelling such consumption with anything but renewable energy would have a devastating effect on the environment. Fortunately, more and more mining facilities are […]
Bitcoin’s new record high seems to have helped GPU manufacturers stock prices.
Prices increases in ethereum, monero and other cryptocurrencies could spark a sales boost for makers of graphics cards (GPUs).
Black Friday gives hobby miners a chance to grab top-end GPUs.
Cryptominers will likely purchase fewer graphics cards in 2018 as ethereum’s hard forks make mining a less profitable exercise.
Nvidia said that it will remain “nimble” in its approach to the cryptocurrency market, even as it reports a decline in revenue for related products.
FUD surrounding the effects of a Bitcoin bubble and possible crash continue to trigger warnings from legacy finance circles.
It’s not just the cryptocurrency space that’s having an excellent financial year in 2017. Companies supporting the industry are also setting personal bests in terms of their own stock prices. Chief amongst these are AMD and NVIDIA. Stocks in both have seen colossal growth in recent months, outpacing the rest of the S&P 500 considerably. […]
Public companies like AMD and Nvidia are benefiting from a surge in cryptocurrency mining, but analysts say they may not be ready to commit long-term.