2019-2-15 13:20 |
Graphics card maker Nvidia has said the downturn in sales to crypto miners drove a drop in revenue in Q4, despite a record year overall.
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Nvidia’s CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company’s ability to estimate it.
2022-8-25 09:18 | |
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Top GPU manufacturer Nvidia is celebrating after a judge nixed the lawsuit accusing it of misleading investors by “understating” GPU sales to crypto miners.
2021-3-4 08:42 | |
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Nvidia expects to complete sales of excess inventory previously slated for crypto mining by the end of Q1 2019 and shake off its “crypto hangover”
2019-3-21 22:28 | |
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An analyst at RBC Capital Markets claims Nvidia made “$1. 95 billion in total revenue related to crypto/blockchain,” significantly more than Nvidia’s reported $602 million. Mitch Stevens of RBC says from April.
2019-2-2 16:31 | |
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According to a report by Markets Insider, Nvidia generated $1. 95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher.
2019-2-2 04:13 | |
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According to a report by VentureBeat published on January 28, 2019, U. S. GPU manufacturing company Nvidia’s stock fell by more than 15 percent on Monday over fears of the company’s poor performance in the crypto mining industry.
2019-1-30 12:00 | |
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Nvidia has cut its 4Q revenue forecast, which already factored in reduced demand for GPUs used in crypto mining.
2019-1-29 23:30 | |
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Taiwan-based GPU producer Nvidia has decreased its revenue estimates for Q4, citing a decrease in crypto-related sales and deteriorating conditions in China
2019-1-29 22:20 | |
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2018 was one of the most tumultuous years for crypto with all-time highs giving way to an over 80% decline. The crypto mining industry suffered along with crypto traders, but the shares of chipmakers AMD and Nvidia performed very differently, with AMD recording big gains while Nvidia declined.
2019-1-4 19:29 | |
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Shall Law Firm, an American shareholder rights litigation firm, has announced the filing of a class action lawsuit against Nvidia with regards to statements pertaining to the company’s outlook regarding the effect that declining cryptocurrency prices could have on the performance of its shares.
2018-12-31 22:00 | |
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According to the Graphic Processing Unit development company, and graphics cards designer, Nvidia is going from bad to worse as it sees less that positive returns on its GPU sales for cryptocurrency mining.
2018-12-31 20:36 | |
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GPU Maker Nvidia is fighting to overcome crypto market upheavals after the sector suppressed its sales growth figures. The industry has also impacted the company’s stock prices which fell by… The post GPU Maker Nvidia Fights to Overcome Crypto Market Shenanigans appeared first on CoinCentral.
2018-12-29 00:59 | |
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GPU Producer Nvidia Becomes The Worst Performer In S&P 500 Amid Bear Market The cryptocurrency bear market has affected several companies and virtual currencies in the space. Many Initial Coin Offerings (ICOs) that gathered several millions of dollars were not able to launch a working product to the market. But the crypto mining industry has […]
2018-12-23 20:58 | |
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The cryptocurrency bear market has had a domino effect on not only traders and miners, but the companies that manufacture the necessary hardware to validate transactions on the blockchain. One such company is Nvidia which is also listed in the US Stock markets.
2018-12-22 20:00 | |
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Decreased profitability in crypto mining has adversely affected GPU producer Nvidia, which is the worst performer in the S&P 500 in Q4 2018
2018-12-22 06:44 | |
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American tech firm known for its competent graphic processing units, Nvidia, sees itself falling short on revenue in a short period of time according to news outlet, Tech Crunch. In particular, the analysis of a potentially stagnated firm was based off of its stock prices.
2018-12-13 08:08 | |
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Experts originating from the analytics firm Terfis have recently forecasted the quarter 3 sales for Nvidia's Graphics Processing Units, otherwise known as GPUs from 2018. According to a report made by the news outlet, Forbes on November 13th, Trefis noted that, while Nvidia's GPU sales went up over the latter quarter of 2018, its cryptocurrency […]
2018-12-4 11:32 | |
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American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom.
2018-11-18 15:00 | |
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After a stellar rise in business over the last year due to the cryptocurrency boom, chipmaker Nvidia’s optimistic figures for graphics card demand in 2018 has drastically fallen short of expectations, with share prices falling by 17 percent on the back of millions of unsold chips.
2018-11-18 23:51 | |
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After a stellar rise in business over the last year due to the cryptocurrency boom, chipmaker Nvidia’s optimistic figures for graphics card demand in 2018 has drastically fallen short of expectations, with share prices falling by 17 percent on the back of millions of unsold chips.
2018-11-18 23:51 | |
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Following a week of widespread carnage in the cryptocurrency markets, traditional retail stocks involved with the crypto sector are feeling the burn as well, with the California-based computer chip maker, Nvidia’s (NVDA) price tanking on the Nasdaq stock exchange.
2018-11-17 21:30 | |
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All is quiet – so far – on the Bitcoin Cash front, nVidia’s bet on crypto goes sour, SEC puts Voorhees under the microscope, and Microsoft gets in the game.
2018-11-17 20:43 | |
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Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone.
2018-11-16 16:09 | |
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The collapse of cryptocurrency prices hurt the financial results of the company, whose chips are used in mining equipment.
2018-11-16 14:34 | |
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Publicly-traded semiconductor company AMD is expanding its crypto mining GPU business — launching eight new ‘blockchain compute solutions’ into a bear market.
2018-11-15 03:00 | |
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The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of .
2018-11-2 14:00 | |
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The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P 500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of .
2018-11-2 14:00 | |
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Historically, cryptocurrencies like Bitcoin have been criticized for their volatility, a trait which is often cited as a hurdle for crypto adoption in terms of real-world usage and increased interest from institutional investors.
2018-10-23 12:00 | |
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Похоже, мы становимся свидетелями исторического момента, когда волатильность Биткоинов наконец-то снизилась до уровней, делающих ее более стабильной, чем акции Amazon, Netflix и Nvidia. Следует отметить, что это случилось совершенно недавно, и в не самые лучшие времена для крипторынка, когда его объем капитализации значительно снизился.
2018-10-23 08:51 | |
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Samsung and NVidia Makes Profits Despite Low Demand for GPUs Although the market is flooded with memory components used for crypto mining, the Samsung Corporation is confident that profits from this business will continue until the end of 2018.
2018-10-7 22:36 | |
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Want some passive income? Japanese firm GMO announced on Friday that Cryptoknocker will let anyone with GPU chips mine Zcash (ZEC) and other equihash-based cryptos. The free-to-download software is designed for everyday computers that have NVIDIA graphics cards installed (GeForce 8 or later).
2018-10-2 14:00 | |
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Two Norwegian cryptocurrency miners have garnered national media attention after declaring taxable incomes of less than $20,000 USD despite having admitted to owning at least 34 bitcoins during December of last year.
2018-8-24 18:15 | |
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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 | |
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Nvidia are one of the world’s largest producers of graphics card and computer chip hardware. Initially established to build products for gaming and video, Nvidia are one of the few companies who have found a demand for their products within the cryptocurrency mining community.
2018-8-22 13:00 | |
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Crypto business of the world's largest graphic card and chip maker Nvidia is dead. As the demand for GPU mining has declined, the company will now focus more on computer gaming, artificial intelligence, and data processing sectors.
2018-8-23 11:09 | |
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As excess stocks of mining-focused graphics cards and chips pile up in NVIDIA’s unused inventory, the chip giant from Santa Clara, California, is left with no choice but to tone down its ambitions for the once-thriving currency mining market.
2018-8-21 18:39 | |
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The persistent bearish mood of the crypto market where Bitcoin has slipped below the psychological price point of $8,000 has taken a toll on the stock price of Nvidia. The graphics chip manufacturing giant is considering taking cryptocurrency mining production off its budget.
2018-8-20 16:07 | |
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In a second-quarter earnings call, Nvidia CEO Colette Kress has said that the revenues from its cryptocurrency venture have declined to a point in which the chip manufacturing conglomerate will now have to back out from the crypto sector.
2018-8-19 06:00 | |
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Nvidia, whose stock is listed on the Nasdaq stock exchange, presented lower-than-expected revenue guidance because of decreasing demand for its chips used by crypto miners.
2018-8-19 22:01 | |
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Nvidia’s GPU Sale Substantially Declines In the Second Quarter Of 2018 Crypto mining has become less lucrative as evident from declining sales of crypto miners. Mining equipment manufacturers like Nvidia and Bitmain are watching this happen first hand as profits declines.
2018-8-17 15:33 | |
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Nvidia has seen a "substantial decline" in revenue from cryptocurrency miners, the company announced in its second quarter results Thursday.
2018-8-17 23:45 | |
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Analysts suggest that Nvidia will see significant growth in its gaming and servers sales, which will overcome deficiencies due to decreased crypto mining activities
2018-8-11 04:17 | |
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Crypto Mining hardware maker for Apple, Nvidia, and Bitmain lowers GPU sales prediction figures due to low demand. Manufacturers also face saturation problems. The post Nvidia Chip Maker Lowers Prediction Figures Amidst Changing Crypto Mining Trends appeared first on CoinCentral.
2018-7-24 05:12 | |
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NVIDIA Set to Reveal Its Next-Gen GPU in August According to a report from Wccftech, NVIDIA is likely to launch it much-awaited next-gen graphics sometime in August. The company plans to ship the card to its associates, a process which could begin in August this year.
2018-7-5 22:23 | |
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MBA team mines Ethereum Mining The Sacramento Kings are now mining Ethereum, the team announced on Wednesday. Also read: Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’ Tech-Savvy MBA Team Enters the Crypto Space The American basketball team the Sacramento Kings reportedly started mining ether three weeks ago using Nvidia mining rigs. The owner of the NBA
2018-6-29 12:14 | |
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About a month after reporting a blowout earnings quarter that was attributable to crypto miners who were in need of its chips, reports are surfacing that Nvidia may be in some trouble.
2018-6-27 08:38 | |
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Dipping cryptocurrency markets are hurting not only crypto holders but also a number of related businesses and sectors. Manufacturers of hardware that can be used in mining applications, like GPU makers Nvidia, AMD and their OEM partners, are also hit by weak demand in the sector which is pushing inventories up.
2018-6-23 03:42 | |
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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. Harsh Chauhan noted: AMD has said that it
2018-6-23 00:51 | |
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Electricity theft in the UK has risen by over 75% since 2012, largely due to crypto mining and cannabis farming, with a significant increase following the first COVID-19 lockdown. The post Crypto Mining Blamed for Record UK Electricity Theft appeared first on BeInCrypto.
The UAE-based firm is developing one of the region’s largest mining facilities.
The investment includes a $2 million loan and $12 million in equity.
With the crypto industry evolving, several entities still have different views on the ecosystem. While some believe it’s all a scam, some see the great potential and believe the industry has a bright future.
In recent times, crypto mining has been receiving a lot of attention owing to how energy-intensive the process is. On that same note, British Columbia has now become the third Canadian province to introduce restrictions on crypto mining.
CleanSpark an American-based mining company, has been acquiring different mining machines despite the dip and dwindling fortunes of Bitcoin.
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3.