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0 pointsamorphid8y ago0 comments

I wonder if my stock market portfolio has any real exposure to Bitcoin tanking.

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4 comments · 1 top-level

charlesdm8y ago· 3 in thread

Have a look at NVDA and AMD -- crypto mining is most of the reason why they went up so much.

This is provably (and factually) incorrect.

Crypto mining has been a portion but in no way “most of” the reason NVDA and AMD have risen. Machine learning, AI, and self driving are completely reliant on the products provided by the aforementioned.

em3rgent0rdr8y ago

I would think miners are purchasing ASICs now, not GPUs.

tudorconstantin8y ago

There are coins that can't be mined on ASICs and they're only profitable to be mined on GPUs - Ethereum and zCash are 2 examples, but there are many more.

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