Reduction Ter Cryptocurrency Mining May Be Trouble for AMD and Nvidia, Investopedia
Nvidia (NVDA) and Advanced Micro Devices (AMD), two of the leading manufacturers of graphics processing hardware, witnessed sales and rente increase dramatically te the past duo of years thanks to the cryptocurrency boom. However, a number of factors now menace to reduce the request for those chips, spil cryptocurrency mining evolves and traditional models are upended.
Nvidia is not likely to release fresh movie cards for the next few months, and Advanced Micro Devices has indicated concerns that GPU sales could druppel ter 2018, according to a report by Bitcoin.com.
Nvidia May Have Walked Back a Fresh Product Line
Rumors have swirled te tech publications and cryptocurrency mining circles overheen the past few months about a fresh series of graphics processing products by Nvidia. Thesis expectations were fueled by speculation about the Spel Developers Conference and the GPU Technology Conference, slated to take place from March 25 to 29 te San Jose, California. (See also: AMD versus Nvidia: Who Predominates GPUs?)
However, Nvidia may have determined to thrust back its release schedule to July at the earliest. The fresh line of products are rumored to have bot codenamed “Turing” after Alan Turing, the mid-20th century British laptop scientist.
Thesis GPUs were rumored to have bot specially made for cryptocurrency work. Spil it turns out, tho’, the “Turing” line of products may be more focused on gaming than on cryptocurrencies.
Nvidia’s Shift to Gaming Speaks to Mining Switches
That Nvidia may be working to court the rekentuig gaming customer base suggests that the manufacturer is considering how fresh directions ter mining may affect its business. Back ter January, Nvidia asked retailers to limit the number of GPUs purchased at a time.
Miners usually buy GPUs te large quantities, spil they often incorporate them into numerous mining equipments. This means the market often practices shortages. The January announcement suggested that miners were, at that point, still buying up GPUs at a rapid rate. (See also: Sales of Nvidia and AMD GPUs buoyed by Ether Mining.)
AMD, on the other forearm, has exposed that there are a number of outer cryptocurrency-industry factors which may make the request from the mining community actually druppel. Thesis factors include the increase ter regulatory risks associated with cryptocurrencies, shifts te rente among investors, and the large-scale dip ter the prices of most cryptocurrencies which took place te the early weeks of 2018.
Investing ter cryptocurrencies and Initial Coin Offerings (“ICOs”) is very risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest te cryptocurrencies or ICOs. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties spil to the accuracy or timeliness of the information contained herein. Spil of the date this article wasgoed written, the author wields bitcoin and ripple.