By Darren Allan
Graphics cards are increasingly being bought by cryptocurrency miners as the likes of Bitcoin and Ethereum continue to grow in popularity, and we’ve heard quite a lot lately about the shortage of AMD’s GPUs as a result – but of course, Nvidia’s stock is also being bought up by these non-gamer types, as the firm warned in a recent earnings call.
Jensen Huang, chief executive at Nvidia, acknowledged the popularity of the firm’s graphics cards with miners and admitted that the supply situation wasn’t ideal for gamers looking to buy a beefy new pixel-shifter.
Huang said: “There were gamers whose needs and demands weren’t filled last quarter, and the second quarter is an important part of the year for us.”
Perhaps more worrying is the CEO’s assertion that there will likely be new currencies springing up, and more interest in cryptocurrency mining going forward, and that “this is a market that’s not likely to go away anytime soon”.
Mining mayhem
Of course, Nvidia and its partners do produce GPUs which are specifically targeted at miners – they don’t even have video ports, as there’s no need to plug a display into them – but when Huang says the “GPU is ideal …read more
Source:: techradar.com – Computing Components
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