NVDA and AMD is bound for a rollercoaster
September will be a bloody month for the two GPU manufacturing behemoths. why you may ask? well one month from now a big thing will happen in the crypto space, Ethereum the second biggest crypto by market cap will opt for a greener solution in their blockchain structure.
They will change to proof of stake instead of proof of work. PoS will not need any computing power from the latest graphics card provided by both NVDA and AMD. this will lead to an influx of GPU's flooding the 2nd hand market with a steeply discounted price.
Many people might consider getting one of these instead of opting for a brand new card leading to a loss in demand.
They will change to proof of stake instead of proof of work. PoS will not need any computing power from the latest graphics card provided by both NVDA and AMD. this will lead to an influx of GPU's flooding the 2nd hand market with a steeply discounted price.
Many people might consider getting one of these instead of opting for a brand new card leading to a loss in demand.
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