NVIDIA (NASDAQ:NVDA) recently announced a trendy new product: a cryptocurrency mining processor (CMP). These chips are specifically designed for mining Ethereum (CRYPTO:ETH), and the first shipments are expected to launch later this month.
This move has several big implications for NVIDIA’s business. Here’s what investors should know.
What does it mean to mine Ethereum?
Every time someone sends or receives an Ethereum token, a transaction occurs. And…
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