Sentences with phrase «market by cryptocurrency miners»

That's nearly a billion dollars pumped into the GPU market by cryptocurrency miners alone.

Not exact matches

Nvidia is seeing the same trends in the graphics card market as everyone else — increased demand driven by cryptocurrency miners — and the company is taking a two - pronged approach to tackling the issue, Nvidia executives said recently during an earnings call with investors.

DPW, a penny - stock dotcom - crash survivor that makes lowly power supplies for computers, catapulted its shares 880 % from $ 0.56 on November 21 to an intraday high of $ 5.95 on December 18, by announcing that it would market its power supplies to cryptocurrency miners.

In the 10 - K, AMD indicated that several factors could change the environment on the GPU front, highlighting market and regulatory risks that could lead to a decline in the number of GPUs being bought by cryptocurrency miners.

The past week has been highly volatile with the price of Bitcoin undergoing massive deviations followed by an increased number of miners showcasing an increasing interest towards Bitcoin Cash which helped the latter to topple over Ethereum as the second largest cryptocurrency when segregated as per market cap.

So far in 2017, cryptocurrency miners have taken over the market for consumer graphics processing units (GPUs), using the devices to solve the cryptographic puzzles required by ethereum (and other «scrypt» - based cryptocurrency protocols) and claim their lucrative rewards.

In defence of these publicly - listed companies, their respective decisions did come weeks after the cryptocurrency market experienced a ridiculously white - hot bull run; prompting a slew of new investors who — having never heard of a «blockchain» or «Bitcoin» until the market - wide price bonanza — were incredibly vulnerable to being duped by fraudulent ICOs, cloud mining operators who owned not one ASIC miner, or some other devious scheme.

Industry - wide, shipments of add - in boards — which house the external graphics cards used by cryptocurrency miners — were up 31 percent from the first quarter to the second, according to Jon Peddie Research, a market research firm which tracks GPU sales.

According to the president of the market research company, «gaming has been and will continue to be the primary driver for GPU sales, augmented by the demand from cryptocurrency miners.»

That was fuelled by Chinese passion and increasing opportunities in the cryptocurrency market (the biggest Bitcoin miners are all located in China).