Bookmarking Crypto Insights
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In the summer of 2017, rising cryptocurrency prices led to a run on high performance graphics cards. Coveted cards with a high hashrate were snapped up like proverbial hot cakes, leaving gamers, scientific researchers, and anyone else who relied on flagship GPUs priced out as the cryptocurrency frenzy escalated. One year on, and those same … Read more
In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware. Also, the World Digital Mining Summit has been scheduled for late September in Tbilisi, Georgia, and reports continue to surface detailing opportunistic students … Read more
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