Nvidia Stock Falls as Q3 Revenue Estimates Hit by Crypto Mining Decline
Nvidia stocks fell following the announcement of lower-than-expected Q3 revenue, due in part to a decrease in cryptocurrency mining Go to Source Powered by WPeMatico
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Nvidia stocks fell following the announcement of lower-than-expected Q3 revenue, due in part to a decrease in cryptocurrency mining Go to Source Powered by WPeMatico
The market picture: virtually all top 100 cryptos see green on the day, though total market cap remains close to its 3-month low Go to Source Powered by WPeMatico
Analysts suggest that Nvidia will see significant growth in its gaming and servers sales, which will overcome deficiencies due to decreased crypto mining activities Go to Source Powered by WPeMatico
GPU prices have been declining following a sharp price drop of virtual currency prices during the first half of 2018 Go to Source Powered by WPeMatico
A hybrid computer, designed to please both gamers and miners, is now selling in Russia. The company offering the new PC promises a quarter ether of monthly income for gaming enthusiasts who would like to mine when their expensive configuration is idling. The premiere coincides with reports of new negative forecasts for hardware manufacturers. Also … Read more
The crypto market slump since the new year has negatively affected graphics card suppliers, with several firms ready to cut prices in July, sources say Go to Source Powered by WPeMatico
Mining industry overview: Who will prevail in the cryptocurrency mining market in 2018? Top five biggest farms which mine Bitcoin on an industrial scale Go to Source Powered by WPeMatico
Dipping cryptocurrency markets are hurting not only crypto holders but also a number of related businesses and sectors. Manufacturers of hardware that can be used in mining applications, like GPU makers Nvidia, AMD and their OEM partners, are also hit by weak demand in the sector which is pushing inventories up. Also read: Bitcoin Businesses … Read more
Some analysts warn that should crypto mining cool down, or miners witch from AMD’s GPUs, investors could be disappointed in what happens to AMD’s stock prices Go to Source Powered by WPeMatico
As the exchange rates for all cryptocurrencies declined this year, so did the attraction of GPU mining using graphics cards. As a result, the prices of cards that can be used for both gaming and mining have been cut drastically and leveled off, bringing them back into more affordable territory. Also Read: Censorship of … Read more