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GPU Mining in 2024: Comparing GPUs with CPUs and ASICs in Mining
Miners provide computational power to Proof-of-Work blockchain networks to process transactions, create new coins, and ensure network security. The efficiency and results depend greatly on which devices they use. The most common types of crypto mining based on the used hardware are GPU mining, CPU mining, and ASIC mining.NVIDIA Leads the AI Chips Market: Who Are Its Main Competitors
NVIDIA is the absolute leader in the production of artificial intelligence chips. Based on estimates from Wells Fargo, a 98% share in the data center GPU (Graphics Processing Unit) market belongs to the company. In March 2024, NVIDIA hit a $2 trillion valuation becoming the third most valuable company in the world.NVIDIA Finds a New Gold Mine in AI
In a recent interview with The Guardian, Michael Kagan, the CTO of well-known GPU manufacturer NVIDIA, made a bold statement about cryptocurrencies. According to him, despite the fact that the industry has brought the company huge profits in 2021, cryptocurrencies do not provide any value to society.1 - 4 of 4 results