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I wonder if my stock market portfolio has any real exposure to Bitcoin tanking.
by amorphid 9y ago
I wonder if my stock market portfolio has any real exposure to Bitcoin tanking.
- charlesdm 9y agoHave a look at NVDA and AMD -- crypto mining is most of the reason why they went up so much.
- worldburger 9y agoThis 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.
- em3rgent0rdr 9y agoI would think miners are purchasing ASICs now, not GPUs.
- tudorconstantin 9y agoThere 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.