In recent days, Nvidia’s stock actions are going slightly better than expected. It has nothing to do with Bitcoin mining: the success is instead related to artificial intelligence.
Nvidia stocks and Bitcoin mining
Nvidia is one of the largest producers of computer graphics cards in the world, but it is also the leading producer of chips for artificial intelligence.
In the past, its very powerful graphics cards have been widely used in the field of crypto mining.
Initially, they were also used for Bitcoin mining, but they were later replaced by the so-called ASICs, devices designed to perform a single task, in particular the extraction of hashes.
Graphics cards, on the other hand, are designed to be used in computers mainly for gaming, so they have been completely replaced by ASICs for Bitcoin mining.
ASICs have greater computing power and efficiency precisely because they concentrate all their power on a single task. Graphics cards, on the other hand, while powerful,
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