August 29, 2019 Bitmain Chip Supplier Faces Infringement Lawsuits From Competitor GlobalFoundries, the world’s second-biggest semiconductor foundry by sales after TSMC, has filed multiple infringement lawsuits against its competitor.…
August 16, 2019 Nvidia Pulls Through Crypto Winter — Quarterly Earnings Rise 16% Major global chipmaker Nvidia, popular with cryptocurrency miners, has outstripped analysts’ expectations with its latest set of quarterly financials.…
March 20, 2019 Nvidia Expects to Finish Selling Leftover Inventory From Crypto Bear Market by Q1 2019 Nvidia, which saw a massive drop in GPU sales due to the crypto bear market, is now confident it will sell out leftover inventory in Q1.…
February 19, 2019 Crypto Winter Survivor: Inside Nvidia’s Difficult Relationship With Mining U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components.The firm’s main products include graphics processing units (GPU), among others, which became widely purchased by miners during the crypto boom of 2017 — as a result, the firm’s revenue started to correlate with the crypto market condition (at least to some extent), which resulted in a few shake-ups.…
February 3, 2019 Report: Analyst Finds Nvidia Earned $1.35 Billion More in Total Crypto Revenue Than Stated RBC analyst Mitch Steves found through calculations that Nvidia reportedly earned $1.35 bln more in crypto, blockchain revenue than reported.…
January 28, 2019 Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China GPU manufacturer Nvidia has adjusted its projected sales revenue for Q4 to be lower than previous estimates.…
January 10, 2019 Overview of the Crypto Mining Industry in 2018: Will the Struggles Extend to 2019? Major mining conglomerates in the crypto sector recorded large losses, struggling to deal with market conditions.…
December 29, 2018 Nvidia Faces Class Action Lawsuit Over Losses After Diminished Mining GPU Demand GPU producer Nvidia is facing a class action lawsuit over the losses reported by the company when demand for GPUs by miners diminished.…
December 22, 2018 Following Crypto Mining Crash, GPU Producer Nvidia Worst Performer in S&P 500 Taiwan-based GPU producer Nvidia is the S&P 500’s worst performer in Q4 2018, as crypto mining sales have all but disappeared.…
November 19, 2018 How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues Mining hardware manufacturers invent new ways to increase their competitiveness and tackle miners’ interest decline as September was the first month when private miners’ profits went into the negative.…
November 16, 2018 Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales Nvidia released its Q3 2018 results today, revealing a “crypto hangover” as GPU prices failed to adjust quickly enough to disappearing demand from crypto miners.…
November 14, 2018 Bear Market and Declining Hashrates Mean Mining ETH No Longer Profitable, Analysis Finds Susquehanna’s analysts say that due to the slump in crypto markets and declining network hashrates, mining Ethereum using a GPU is no longer profitable.…
