Nvidia CEO Bullish on Cryptocurrencies

Nvidia CEO recently explained to VentureBeat: “Cryptocurrency and blockchain are here to stay. Over time, it will become quite large. It is very clear that new currencies will come to market.”; Nvidia makes graphic cards that help cryptocurrency miners to add new transaction blocks; Nvidia believes there is a lot to gain from the recent trend in cryptocurrencies as the rise in coin prices results in higher demand for cards; not all graphic card makers see the benefits, as CoinDesk points out that rival company AMD is not as bullish and they don’t think there is a long term market for them in the space; the graphic cards, known as GPUs, are used to mine newer cryptocurrencies like ethereum and litecoin. Source