AMD Sees Q2 Drop in GPU Sales to Crypto Miners
GPU sales for cryptocurrency mining fell quarter-over-quarter, AMD announced in its Q2 report on Wednesday.
Following a seed funding round, AMD and Consensys-backed W3BCLOUD is tripling its GPU capacity for a range of new blockchain functions they don't want to discuss – yet.
AMD's revenue from cryptocurrency miners has seemingly gone dry, the company said in its Q4 earnings report.
AMD may not have had much of a choice because its drivers are all open source.
ConsenSys is partnering with AMD to provide a new cloud computing blockchain infrastructure aimed at large companies and government agencies.
AMD announced it saw "negligible" revenue from selling graphics cards to the crypto mining community over the past quarter.