DavidV.TV Social ® · @DavidVTV
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RECAP | #Nvidia's #CRYPTO_HANGOVER | #International_Tech_News | #PART 4
When the crypto #boom began, #Nvidia's #GPUs were considered standard for #mining_rigs.
As the #value of #cryptocurrencies skyrocketed, so did interest in #mining.
That created a #surge in #demand for Nvidia's #chips.
By Q2 of 2018, purchases from #crypto_miners accounted for nearly 10% of Nvidia's #revenue.
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#revenue #crypto_miners #chips #demand #surge #mining #cryptocurrencies #value #mining_rigs #gpus #boom #part #INTERNATIONAL_TECH_NEWS #CRYPTO_HANGOVER #nvidia
DavidV.TV Social ® · @DavidVTV
86 followers · 13753 posts · Server masthead.social
#International_Tech_News | Hey #Miners.. I thought the Game was to MAKE Money NOT #LOSE_IT???
UGH!
#TEXAS #Crypto_Miners #Power_Down to ease GRID PRESSURE!??
Stay tuned for launch;)
#Power_Down #crypto_miners #texas #LOSE_IT #miners #INTERNATIONAL_TECH_NEWS
DavidV.TV Social ® · @DavidVTV
86 followers · 13753 posts · Server masthead.social
#INTERNATIONAL_TECH_NEWS | The #Crypto SELLOFF WIPED $7 billion off Corporate Balance Sheets..
The companies—which include electric carmaker #Tesla, financial services startup #Square, and South Korean video game developer #Nexon, along with a slew of #crypto_miners, #exchanges, and #investment_firms—hold 217,240 bitcoin.
That’s a little more than 1% of all the #bitcoin in the world.
https://qz.com/2118130/the-crypto-selloff-wiped-7-billion-off-corporate-balance-sheets/
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#bitcoin #investment_firms #exchanges #crypto_miners #nexon #square #tesla #crypto #INTERNATIONAL_TECH_NEWS