Nvidia Pulls Through Crypto Winter — Quarterly Earnings Rise 16%
Major chipmaker Nvidia has exceeded analysts’ expectations with its latest quarterly financials but remains down from crypto-driven highs Go to Source Powered by WPeMatico
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Inclusion to NVIDIA Inception Program Propels AMMUT Closer to Normalizing Blockchain Use and Maximizing its Potential
May 2019 – London, UK – A year ago, the core members of Ammut Networkcreated a vision for developing the biggest decentralized supercomputer on the blockchain. Since then, the trio has raised $4 million from investors who believe in their project. Ammut Network has announced that they have been accepted as a member of NVIDIA’s elite Inception Program. Ammut Network … Read more
In the Daily: Coins at Kiosks, Micropayment Solutions, Token Launchpad, GPU Inventory
In this edition of The Daily, we feature a couple of announcements by leading crypto exchanges. Binance starts selling cryptocurrency for cash at newsagent stores in Australia, while Huobi is launching its new token listing platform. In other news, Aeternity and Satoshipay join forces to offer faster crypto micropayments and Nvidia expects to clear mining … Read more
Nvidia Expects to Finish Selling Leftover Inventory From Crypto Bear Market by Q1 2019
Nvidia expects to complete sales of excess inventory previously slated for crypto mining by the end of Q1 2019 and shake off its “crypto hangover” Go to Source Powered by WPeMatico
Crypto Winter Survivor: Inside Nvidia’s Difficult Relationship With Mining
The bear market was particularly hard on Nvidia and its GPUs, but the company still reported full-year revenue gains in 2018. How dependent is it on the crypto market? Go to Source Powered by WPeMatico
In the Daily: Cryptocurrency Payments, Nvidia Losses, Suspended CFD
In the first edition of The Daily this weekend, we focus on a study estimating that 13 percent of people have used digital coins for payments. We also look at the latest financial report from Nvidia indicating losses due to falling demand for chips used in cryptocurrency mining. Lastly, a broker suspends its crypto CFD … Read more
Nvidia Reports Full-Year Revenue Increases But Q4 Losses After Cryptocurrency ‘Hangover’
Crypto mining volatility had put pay to Nvidia’s performance in previous quarters even as Q4 earnings report shows full-year revenue increase since 2017 Go to Source Powered by WPeMatico
The Daily: Twitter CEO Talks Bitcoin, Bitstamp Releases New Mobile App
In Monday’s edition of The Daily we cover a recent interview with Jack Dorsey where the Twitter CEO again publicly shares his views on the future of cryptocurrency. Additionally covered are a new mobile app from Bitstamp and a report about Nvidia’s revenues from the mining market. Also Read: SEC Solicits Blockchain Analysis Tool to … Read more
Report: Analyst Finds Nvidia Earned $1.35 Billion More in Total Crypto Revenue Than Stated
RBC analyst Mitch Steves estimates that Nvidia probably earned around $1.35 billion more in total revenue from crypto and blockchain than it reported Go to Source Powered by WPeMatico
Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China
Taiwan-based GPU producer Nvidia has decreased its revenue estimates for Q4, citing a decrease in crypto-related sales and deteriorating conditions in China Go to Source Powered by WPeMatico