MIQ -- Mostly Irrelevant Query -- "Nvidia chips used in mining...which coins???"
Hi friends,
https://www.cryptocoinsnews.com/nvidia-amd-to-release-cheaper-bitcoin-mining-gpus/ (it's BTC)
or
http://www.barrons.com/articles/nvidia-amd-are-an-ethereum-craze-not-bitcoin-says-rbc-1496850724 (it's ETH, not BTC)
It doesn't matter (unless you happen to be building out a miner right now and want to use one of their chips, of course)
- NVDA was on a monster run last year and has been on another absolute tear the last 6 weeks.
- Excellent earnings and forecasts.
- Autonomous driving and gaming are two of their sectors.
- Whatever coin they mine... is a plus, irrespective of which.
This is a company to be invested in. You might think it's getting pricey, but it has a ton going for it. As of this writing, NVDA is up nearly 2% on the day.
Bye for now!