Cryptocurrency Mining Chip Supplier Warns Investors of Impending Revenue Decline

Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading supplier of graphics cards and motherboards – components used in cryptocurrency mining operations. Weakened Demand for Cryptocurrency Mining Chips According to the Gigabyte, graphics card shipments […]

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Nvidia CEO: Crypto’s ‘Real Utility’ is Clear

Adam James · February 12, 2018 · 1:00 pm Nvidia is raking in profits thanks to cryptocurrency mining and an increased demand for their GPUs — and for CEO Jensen Huang, the utility of cryptocurrency is obvious. “It’s Not Going to Go Away” As Bitcoin and other cryptocurrencies continue to explode into the mainstream consciousness, […]

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