Ethereum miners purchasing advanced micro devices (AMDs) are helping to push their share prices up with some miners leasing Boeing 747s to ship the devices out quickly for them to be plugged in to the network.
According to a report from Quartz, AMD shares rose by 11 percent on 25 July; however, over the last 12 months the firm’s stock is reported to be up by more than 152 percent. This makes it the fourth best performer on the S&P 500.
Lisa Su, AMD’s chief executive, said the company had seen an increase in the purchase of AMDs from digital currency miners.
While management wasn’t specific on how much, the [graphics processor unit] revenue upside was driven by cryptocurrency applications.
Graphics Card prices are crazy high right now, hope that they address the supply issues.
yeah man. i hope to find cheap someday.
They were addressing it by releasing this mining GPU versions, but wait miners wont buy that because there will be no resell value for the mining GPU's. When you buy the standard version you can still sell it once you have used it.
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STOPSadly,Mining crypto currency to deplete stocks and increase prices of graphics cards.
The market will react by increasing supply over time.
i think ethereum have a great future.
sure they have.
interesting 😀👌