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Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 179.99+1.7%Dec 1 3:59 PM EST

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To: StockBee who wrote (1862)5/27/2021 12:06:38 PM
From: Frank Sully  Read Replies (1) of 2646
 
Re: WE NEED MORE GPUs, and to not let the digital miners get them!

StockBee,

NVIDIA is attacking the cryptominer problem on two fronts:
  • they have lowered the hashing rates of the RTX 30x GPUs to make them less desirable to cryptominers;
  • they have released a CPU chip designed especially for cryptominers.
This latter move has paid off and NVIMDIA made $155 million in 1Q21 selling CPUs and expects to make $400 million in 2Q21 selling them. See article below.

Frank

NVIDIA Mining Cards are Making MAJOR MONEY for Team Green

techtimes.com
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