Nvidia the gaming GPU giant now enters bitcoin mining!!

Nvidia the gaming GPU giant now enters bitcoin mining!!

Nvidia a GPU giant in Gaming now taking the blockchain mining space as a major focus.As cryptocurrency continues to grow as an industry we are beginning to see many traditional companies expanding their services to meet the new opportunities created by these technological breakthroughs.  No where can you see a better example of this than Nvidia.  Nvidia has been without question one of the fastest growing and best performing companies on wall street.  And as demand for cryptocurrency mining has increased over the years it has put a strain on their ability to create graphics cards for both gamers and miners. This has led Nvidia to expand their product line now producing CMP chips that are specifically for professional
miners and not for gamers.  These CMP chips are easier to manufacture and can meet the demands of cryptocurrency miners. Cryptocurrency mining has led to an impressive revenue stream for Nvidia as they just
announced quarterly revenue numbers for their mining line with an impressive figure of $155billion. That being said, Nvidia's primary revenue still comes from gaming and processors but the expansion of the Cryptocurrency market has given them the ability to diversify and generate
more revenue. With more coins being released every week, and with the different variety of mining methods, we see this demand to continue for Nvidia and they look like a very strong company as both the
gaming industry and cryptocurrency mining industries are both set for amazing growth in the near and long terms. And this example with Nvidia is just one of many cases of traditional companies finding opportunities to grow and strengthen their business through the emergence of cryptocurrency. We will continue to monitor and report on traditional companies expanding into crypto here on The Crypto Lifestyle Channel!

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