With the crypto craze seemingly only beginning, a few non-crypto companies have leveraged themselves to capitalize early. And it’s these companies’ stocks that are reaping the benefits of such first-mover status in the explosive crypto space. Early Birds Get the Worms: CME, Graphics Processors Companies Are Ones to Watch Graphics Processing firms like AMD and NVIDIA have had strong performances in the stock market so far in 2017 courtesy of an explosion of user interest
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Companies, Markets and Prices, Mining, News, News teaser, Trending Bitcoin, Bitcoin Price, Markets and Prices, News
Reflecting investors’ optimism, Bitcoin and world financial markets are setting record highs almost in sync. On October 13, 2017, Bitcoin hit an all-time high value, breaking through the $5,800 USD mark. On the same date, global stock market indexes showed a significant surge, stretching to record highs. Bitcoin and Stock Markets’ Spectacular Bullish Momentum Bitcoin’s market value, the total dollar value of all bitcoins in circulation, is becoming substantial as it hits $96.7 billion USD.
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Nvidia’s participation in the cryptocurrency industry is paying big dividends. In effect, fueled by Bitcoin’s impressive surge, Nvidia stock price continues to soar. Bitcoin and Other Cryptocurrencies Are Here to Stay On October 10, 2017, Nvidia’s stock value reached an all-time high: $192.92 USD per share. In parallel, Bitcoin’s value soared to $4,800 USD per coin. This bullish drive demonstrates that Nvidia continues to profit from producing devices used in cryptocurrency mining, artificial intelligence, driverless
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January 28, 2016 — This Tuesday, AMD launched GPUopen, a suite of MIT-licensed development tools for graphics and GPGPU applications. GPGPU is integral to making mining hardware profitable for many cryptocurrencies, and with the upcoming launch of Vulkan and the recent Hack of AMD’s GCN architecture, many interesting possibilities for the Mining and Cryptocurrency communities present themselves. Also Read: Bank of England Considers Distributed Ledger Technology To Revamp UK Financial Infrastructure The Trouble with