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“NVIDIA GeForce RTX 40 graphics enable powerful tools for creators” A lot of our experiences today rely on computer graphics. Some might think that only games and gamers actually benefit from advancements in this field, but the proliferation of 2D and 3D digital art, the push for the metaverse, and even the booming industry of…
” Bitcoin’s in a bear market, but there are plenty of good reasons to keep investing “ Let’s rewind the tape to the end of 2021 when Bitcoin (BTC) was trading near $47,000, which at the time was 32% lower than the all-time high. During that time, the tech-heavy Nasdaq stock market index held 15,650…
” $29K Bitcoin is closer than you might expect, according to derivatives data “ Bitcoin (BTC) price continues to battle at the $24,000 resistance and the price was rejected there on Aug. 10, but the rejection was not enough to knock the price out of the 52-day-long ascending channel. The channel has a $22,500 support…
” Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’ “ American graphics card manufacturer Nvidia’s stock price tumbled in after hours trading on Thursday because the revenue outlook for Q2 has fallen short of expectations. Quarterly growth from Q4 2021 to Q1 2022 was strong with an 8% increase in revenue to…
” Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining “ The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “inadequate disclosures.” In a Friday…
“# Nvidia hackers selling software unlock for graphics card crypto mining limiters ” A hacking group that infiltrated Nvidia servers last month is attempting to sell software that could unlock crypto mining hash rate limiters on the firm’s flagship graphics cards. A South American hacking group going by the name LAPSUS$ claims to have stolen…
“# New ProShares Metaverse ETF to track Apple, Meta, Nvidia ” ProShares, the first company in the United States to launch a Bitcoin (BTC) exchange-traded fund (ETF), is diving into metaverse as it now plans to launch a new metaverse-focused ETF. ProShares on Tuesday filed with the U.S. Securities and Exchange Commission (SEC) for an…
“# Nvidia’s Q3 report reveals sharp decline in crypto mining chip sales ” Although digital currencies have skyrocketed in value throughout the year, Nvidia has not made any significant profits from its cryptocurrency mining processor (CMP) line. According to Nvidia’s third fiscal quarter report, the company’s CMP sales dropped by 60% sequentially in the most…
“# Nvidia fails to sell as many crypto-mining GPUs as expected in Q2 ” Nvidia beat the expectations by generating over $6.5 billion in revenue, but the chip manufacturer missed the target for its crypto-mining GPU line. The California-based tech giant announced its financial results for its second fiscal quarter ended Aug. 1, 2021. Key…
“# GPU price inflation dips slightly as Ether downtrend continues ” Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH). According to a review by TechSpot, GPU prices across popular graphics cards are slightly lower in July than they were in June. The…