Nvidia Claims Investors’ Cherry-Picking Information, Not Misled about Crypto Mining Boom

2019-12-8 19:05

Nvidia has urged a California federal judge at a hearing on Friday to dismiss a case against it brought by investors who claim that the company misled them about cryptocurrency mining revenues. The American technology company that designs graphics processing units (GPUs) says the plaintiff cherry-picked information and relied on a Morgan Stanley analyst and […]

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Chipmaker Nvidia’s Crypto Mining Chip Revenue Continues to Fall

Sales of Nvidia’s cryptocurrency mining processor were deemed “nominal” for the second straight quarter.

2022-8-25 23:44	Business
mining nvidia deemed nominal second quarter straight

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NVIDIA Settles SEC Charges Over Crypto Mining Disclosures

The Securities and Exchange Commission has settled charges against NVIDIA that it failed to properly disclose the extent to which sales of its crypto mining machinery impacted its business. For...

2022-5-7 22:26	SEC
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Nvidia Redesigns Graphics Cards to Limit Their Use in Ethereum Mining

Nvidia is also launching Cryptocurrency Mining Processors (CMP) specifically for Ethereum miners.

2021-2-19 18:30
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Nvidia teases a massively improved RTX 3080, but will it be good for mining?

The performance gains probably won’t be enough to overcome Nvidia’s mining disadvantage.

2020-9-3 17:28	Mining
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Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’

Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11. 72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in the market.

2019-2-16 09:00	Nvidia
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GPU Manufacturing Giant Nvidia Leaves Crypto Mining

Media accounts are leaning toward blaming a supposed lack of interest in cryptocurrency as the reason US chip behemoth Nvidia has backed out of the mining industry. It was only a little over a year ago the company hoped to make an impact in the space.

2018-8-24 05:00	Nvidia
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Will AMD and NVIDIA Give Up on GPU Mining as Cryptocurrency Prices Fall?

Graphics card manufacturers NVIDIA and AMD have been raking in huge profits — thanks, in part, to the influx of cryptocurrency mining over the past year. Recently, however, the decreasing prices of cryptocurrencies and a lower demand for GPU mining could bring the engine to a stall.

2018-6-22 22:00	Nvidia
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Deutsche Telekom arm partners with Germany’s oldest bank for renewable Bitcoin mining trial

Deutsche Telekom’s MMS and Bankhaus Metzler are piloting Bitcoin mining to tap surplus renewable energy and stabilize Germany’s grid. Deutsche Telekom subsidiary MMS and Bankhaus Metzler, Germany‘s second oldest bank, have launched a pilot project to explore the use of…

Study suggests Bitcoin mining bans could worsen carbon footprints

Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could increase carbon emissions by up to 2.

MicroStrategy’s Bitcoin focus drives market cap past $50 billion, overtaking Coinbase

The market capitalization of MicroStrategy, the prominent Bitcoin-focused investment firm, has now exceeded that of Coinbase, the largest crypto exchange in the US. According to data from Yahoo Finance, MicroStrategy (MSTR) is currently valued at over $50 billion, surpassing Coinbase (COIN), which stands at approximately $46.

Russia to Temporarily Halt Crypto Mining in Certain Areas, Cites Electrical Grid Concerns

Russia to temporarily ban crypto mining in select regions over electricity deficits, while still promoting crypto for cross-border payments. The post Russia to Temporarily Halt Crypto Mining in Certain Areas, Cites Electrical Grid Concerns appeared first on BeInCrypto.

Bitcoin miner Northern Data cleared as ex-employees withdraw whistleblower claims

A lawsuit against Bitcoin miner Northern Data was dismissed after ex-employees retracted key allegations, acknowledging potential misstatements in their claims. Bitcoin (BTC) miner Northern Data saw a lawsuit from two former executives dismissed after they retracted allegations of wrongful termination…

Bitcoin miners brace for earnings, analyst sees buying opportunity

H. C. Wainwright & Co. has released its latest update on Bitcoin mining, showing a mixed third quarter for miners affected by broader market uncertainties and the upcoming April 2024 Bitcoin halving.

Kingdom of Bhutan deposits $66m in Bitcoin on Binance

The Kingdom of Bhutan has moved Bitcoin to a centralized crypto exchange for the first time since July 1. Arkham data confirmed that Bhutan’s government sent 929 Bitcoin (BTC), worth over $66 million, on Oct. 29 to a Binance deposit…

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2019-12-8 19:05

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