Follow @dumbwire

Cryptocurrency boom, a problem for gamers, is a bonanza for GPU makers

TechNews

Enlarge / Six graphics cards sit in a mining rig built by Philadelphia miner Matthew Freilich. (credit: Matthew Freilich)

The cryptocurrency boom has created a persistent shortage of high-end graphics cards. That has been a headache for gamers, who have to pay inflated prices for GPUs—if they can find them at all. But it has been a financial windfall to leading graphics card makers Nvidia and AMD.

On Thursday, Nvidia reported soaring profits for the fourth quarter of 2017—a period when rapidly rising prices for Ethereum and other cryptocurrencies was driving a boom in amateur cryptocurrency mining with graphics cards.

"Strong demand in the cryptocurrency market exceeded our expectations," Nvidia chief financial officer Colette Kress said in a call with analysts on Thursday.

Read 11 remaining paragraphs | Comments

Original Article

TechNews
#blockchain #crypto Four Arrested Following Taiwanese Crypto Robbery http://dlvr.it/QHT2gs  #News #Arrested #Bitcoin #crypto #first #tech #technews #Iotpic.twitter.com/c0YbwEWcUu

#blockchain #crypto Four Arrested Following Taiwanese Crypto Robbery http://dlvr.it/QHT2gs  #News #Arrested #Bitcoin #crypto #first #tech #technews #Iot pic.twitter.com/c0YbwEWcUu Source: New feed

TechNews
#blockchain #crypto Learning Automated Crypto Trading Strategy: 4 Steps to Earning http://dlvr.it/QHT18M  #Blockchain #Tradings #tech #technews #Iotpic.twitter.com/WesYwEzM71

#blockchain #crypto Learning Automated Crypto Trading Strategy: 4 Steps to Earning http://dlvr.it/QHT18M  #Blockchain #Tradings #tech #technews #Iot pic.twitter.com/WesYwEzM71 Source: New feed

TechNews
#blockchain #crypto Shuttered Exchange BitFunder Founder Charged With Fraud, Perjury http://dlvr.it/QHT11T  #Bitcoin_Crime #News #bitcoin #bitfunder #Hack #tech #technews #Iotpic.twitter.com/tO47kvohbn

#blockchain #crypto Shuttered Exchange BitFunder Founder Charged With Fraud, Perjury http://dlvr.it/QHT11T  #Bitcoin_Crime #News #bitcoin #bitfunder #Hack #tech #technews #Iot pic.twitter.com/tO47kvohbn Source: New feed

%d bloggers like this: