Crypto Mining Made Up 10% of AMD’s Revenue in Q1
While AMD sees demand for GPUs to process blockchains falling this quarter, CEO Lisa Su believes the technology will have a long-term impact.
AMD's revenue from cryptocurrency miners has seemingly gone dry, the company said in its Q4 earnings report.
ConsenSys is partnering with AMD to provide a new cloud computing blockchain infrastructure aimed at large companies and government agencies.
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 announced it saw "negligible" revenue from selling graphics cards to the crypto mining community over the past quarter.
GPU sales for cryptocurrency mining fell quarter-over-quarter, AMD announced in its Q2 report on Wednesday.