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Nvidia CEO: Digital currencies will be permanent

One of the graphics card manufacturers, Nvidia, is booming in sales with digital currency mining.

Statistics of the California-based company, $1.9 billion in turnover from graphics card sales in the second quarter of the year

Speaking to VentureBeat on the subject, Nvidia’s CEO Jen-Hsun Huang said:

“Digital currencies and blockchain will be permanent. It will grow a lot over time.. It is very clear that new currencies will appear on the market.. It is obvious how efficient graphics cards are in cryptography.”

The company’s CFO, Colette Kress, stated that the price increase in digital currencies resulted in an increased demand for graphics cards as well.

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AMD is not very hopeful

Nvidia’s executives are quite hopeful about digital currencies, but the opposite is true on the AMD front.. Last month, AMD’s CEO, Lisa Su, said that the company does not see a long-term future in the mining market.. Su stated that the company will continue to monitor developments in this area.
Bitcoin’s fall is unstoppable! He saw $ 6400!

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