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Is Nvidia looking beyond crypto?

Nvidia is looking beyond crypto as it shifts its focus to artificial intelligence, according to a recent interview with Nvidia CTO Michael Kagan. Crypto miners feverishly bought GPUs from Nvidia during the crypto boom of 2020 and 2021, helping power solid growth in Nvidia's underlying business.

Will Nvidia be able to mine cryptocurrencies?

The biggest headwind currently facing Nvidia’s foray in crypto mining opportunities remains on the "reduced pace of increase in Ethereum network hash rate", which has weighed on mining-related chip demand.

Does cryptocurrency 'bring anything useful for society'?

This story comes from GG. Computer hardware manufacturer Nvidia has profited off of the cryptocurrency mining industry in recent years—but now CTO Michael Kagan has reportedly said that crypto does not “bring anything useful for society,” according to The Guardian.

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