Big Tech losing staff to Crypto
They wanna be rich
Big Tech is losing executives and engineers to chase Crypto which is being seen as a once-in-a-generation opportunity.
Nvidia stock dropped for the wrong reason
Analysis: Crypto drop was inevitable
Crypto currencies are rather volatile and most people reading this are very well aware of that. The fact that it could cause Nvidia stock to drop by more than 30 percent is ridiculous as obviously, the finance community didn’t do its homework well. Long term betters on Nvidia should bet on two things, AI and Automotive, backed up by strong and stable gaming.
Nvidia and AMD to suffer from crypto downturn
This quarter and going forward
A year ago we had a conversation with one of the knowledgeable people about graphics and back then we were warned that the Ethereum rise is most likely something that will backfire for graphics card manufacturers.
Nvidia cannot stop partners selling to miners
But will sure try
It was cute to see everyone covering the fact that Nvidia is up in arms against (r) etailers who are selling to miners. Unfortunately, there is hardly anything Nvidia can do to stop the trend.
Nvidia working on GTX 1060 mining driver
Improvement expected
A few sources have confirmed that Nvidia is working on a new driver that might improve mining performance. This seems to be the hot topic in the last few weeks.