China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds
Chinese mining tech company Bitmain reportedly saw higher profits than long-time American GPU giant Nvidia in 2017 #NEWS Go to Source Powered by WPeMatico
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Chinese mining tech company Bitmain reportedly saw higher profits than long-time American GPU giant Nvidia in 2017 #NEWS Go to Source Powered by WPeMatico
The wealth of bitcoin mining titan Bitmain has long been assumed to be north of “huge”. Thanks to its near-monopolization of the ASIC manufacturing business, Bitmain has effectively had a license to print money. This week, Bernstein analysts released a report into Bitmain’s operations. It estimates the Chinese firm to have made $3-$4 billion last … Read more
After gamers, scientists have now raised the alarm about the deficit of video cards caused by excessive demand in the crypto mining industry. Researchers trying to pick up radio signals from stars and extraterrestrials say they need more of the latest GPU chips for their data processing equipment. According to media reports, a leading manufacturer … Read more
Bitcoin and cryptocurrency mining have provided a consistent and growing market for the computer hardware manufacturers that produce the relevant chips for each segment. The main player on the GPU side (in contrast to ASIC mining) in 2017 was Nvidia, but even it could not anticipate the strong demand from miners as the year progressed. … Read more
Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has become very profitable for many mining … Read more
Responding to strong market demand, AMD is planning to increase production of graphics cards which are currently in short supply. The recently launched RX Vega GPUs have virtually disappeared from shelves, with crypto mining gaining popularity among investors and enthusiasts. The revenue from the company’s Graphics Division has reached almost a billion dollars in the … Read more
Video games industry is making a name for itself in the global market. According to ESA, in 2017 profit was more than $36 billion in US alone and $116 billion worldwide. The other booming part of economy nowadays is cryptocurrencies’ mining. The idea of combining two was developed by Game Machine project, which already has … Read more
After years of enjoying the increased demand from cryptocurrency mining, GPU manufacturers have begun to signal they might not be too thrilled about miners overcrowding the market. Nvidia has requested retailers to take some measures to try and ensure its produces get into the hands of gamers, not miners. Also Read: U.S. Rating Agency to … Read more
Nvidia expected to launch more GPUs based on new Volta architecture, following the launch of the Titan V in December 2017. #ANALYSIS Go to Source Powered by WPeMatico