The crypto bull market remains in full throttle. This has been good news for Nvidia (NVDA). The chip giant sells the GPUs used as crypto mining rigs, providing the company with another stream of revenue.
RBC’s Mitch Steves estimates that between January 31 and March 7, the company generated between $225 and $275 million in revenue from the sale of GPUs for the purpose of mining Ethereum – the second largest cryptocurrency by market cap.
There are two ways for miners to earn their money;…
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