Analyst: Cryptocurrency Mining Is Boosting AMD and Nvidia Stock Prices
AMD and Nvidia's work to attract cryptocurrency miners is paying off in the stock market, analyst Jefferies said today.
Developers behind the cryptocurrency Grin agreed to hold off on changes to planned proof-of-work updates for the foreseeable future.
New research suggests that prices for high-end graphics cards – coveted by both cryptocurrency miners and gamers alike – are falling.
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.
Nvidia must produce more graphics processing units to offset demand from crypto miners, says its CEO.
Public companies like AMD and Nvidia are benefiting from a surge in cryptocurrency mining, but analysts say they may not be ready to commit long-term.