Nvidia Boosted by latest high Bitcoin
A record breaking fortnight for bitcoin seems to have been a boon for gpu manufacturers as we enter a new week . rivals nvidia and amd have differing successes on the stock market in recent months with the former enjoying far more success.
As the likes of bitcoin ethereum bitcoin cash and their many competitors increase in value more and more people are looking to get into mining . for the hobby miner the easiest way to get into mining is buying and installing a fairly powerful graphics card . for the more serious miner and businessman investing in the likes of an asic miner form bitmain is a better option . but the layman will almost always buy a conventional gpu to the benefit of nvidia and amd .
blockchain changes for ethereum
Another driving factors is the recently announced upgrade to ethereum blockchain co founder vitalik buterin outlined plans to address shortcomings and scalability is high on the list . these changes all require workers so the need for gpu is only bound to increase which will be a boon to both nvidia and amd in the next few years .