Nvidia Feels the Effect of "Crypto Hangover"

The cooldown of the 2017 cryptocurrency boom has not only manifested in the prices of cryptocurrencies tumbling from their all-time highs, but has also had an effect on certain computer hardware manufacturers. The demand for graphics processing units, which are used for mining cryptocurrencies such as Ethereum ETH, 1.24% and Monero XMR, 2.03%, has shrinked considerably as mining has become less attractive.

AMD, for example, has said in its Q3 financial results report that blockchain-related GPU sales were “negligible”. The situation isn’t any better at Nvidia, its
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