Ethereum miners are renting Boeing 747s to ship graphics cards and AMD shares are soaring

in ethereum •  7 years ago 

Hi Steemitians,

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Advanced Micro Devices’ (AMD) share price jumped after it beat revenue estimates thanks to cryptocurrency miners snapping up the firm’s graphics cards.

For full article click below link

https://qz.com/1039809/amd-shares-are-soaring-ethereum-miners-are-renting-boeing-747s-to-ship-graphics-cards-to-mines/

Article written by Joon Ian Wong

Image Courtesy :https://qz.com

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Very informative article, specially the part where it reads; "“We didn’t have cryptocurrency in our forecast and we’re not looking to it as a long-term growth driver,” Lisa Su, AMD’s chief executive said. I would very much like to know their reasons as to why not consider GPU's for mining as part of their short, medium and long term growth drivers.