GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 BillionCalifornia-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination of cash and shares in the transaction. The […]

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Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia

Ethereum Price Creates GPU Shortage, Some Manufacturers Blame NvidiaDuring the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce. Regional reports stemming from China explain that GPU miners […]

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GPU Manufacturing Giant Nvidia Leaves Crypto Mining

GPU Manufacturing Giant Nvidia Leaves Crypto MiningMedia accounts are leaning toward blaming a supposed lack of interest in cryptocurrency as the reason US chip behemoth Nvidia has backed out of the mining industry. It was only a little over a year ago the company hoped to make an impact in the space. Whether it’s the industry losing steam or the simple […]

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Bitcoin Price Watch: Currency Sinks Even Lower to $8,400

The price of bitcoin has sunk even lower during the past 24 hours. Yesterday’s price stood at $8,600 – a nasty drop from last weekend’s high of $9,800. Many were expecting bitcoin to test the $10,000 mark, which didn’t occur. In fact, last week has been the worst in bitcoin’s history since early April, when the currency dropped to $6,600. Bitcoin has fallen from $9,800 to $9,500, and then $9,300. This, in turn, led to slides to $9,100 then $8,600 respectively. Now, bitcoin stands at $8,400, which believe it or not, is an improvement over where it was trading during

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