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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Hut 8’s Bitcoin reserve tops $1b after $100m purchase

Hut 8, a Bitcoin mining company, has added 990 Bitcoin to its reserves, spending $100 million to increase its total holdings to 10,096 BTC. The reserve, now valued at over $1 billion, places Hut 8 among the largest corporate Bitcoin…

Bitcoin’s surge sparks 30% hike in mining gear prices as buyers move to Hong Kong

Bitcoin’s recent price surge has driven up mining equipment costs, with Shenzhen's Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% price hike.

Riot Platforms completes $525 million notes offering to fuel Bitcoin buying

Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0. 75% interest rate, were offered privately to institutional investors.

Riot Platforms acquire $68m of Bitcoin after senior notes offer

Bitcoin infrastructure firm Riot Platforms has acquired millions of dollars of Bitcoin in the past few hours. This action was followed after the company announced a senior notes offer. According to Arkham Intelligence data on Dec. 11, Riot Platforms acquired…

BIT Mining expands with new operations in Ethiopia

BIT Mining, a cryptocurrency mining firm listed on the New York Stock Exchange, has announced steps to expand its mining operations with new acquisitions in Ethiopia. The company revealed on Dec. 9 that it had completed the first phase of…

HIVE Digital shares climb 6% as miner targets 2% of Bitcoin network

HIVE Digital revealed its November 2024 production results, including 103 BTC mined and a 67% year-over-year growth in its Bitcoin holdings. Bitcoin (BTC) mining firm HIVE Digital released its November 2024 production results, reporting a 67% increase in its BTC…

New cryptocurrency to mine for free: Top 10 projects

In the early days of crypto, mining felt like an adventure for many, a hands-on way to dive in and start earning. Since this is a complex process that requires expensive and energy-intensive equipment, crypto mining on phones is becoming…

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