NVIDIA To Focus More On CryptoCurrency Mining Market

As Bitcoin prices spiked to their all time high and mining became more profitable, miners rush to purchase as many graphic cards as possible in order to profit from the surging prices of cryptocurrencies. The mining rush was so severe, that it even caused a national shortage of graphics cards in Russia. The graphics cards shortages made manufacturers like Nvidia realize that there is another profitable market for graphics cards, the cryptocurrency mining market. In a recent phone call with analysts, Mr. Huang stated:

"Crypto is here to stay, and the market will grow to be quite large. It’s not likely to go away any time soon. There will be more currencies to come, they will come from different nations…We stay very close to the market, and understand the dynamics very well."

Read more here: http://bitcoinist.com/nvidia-to-focus-more-on-cryptocurrency-mining-market/