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Amazon (AMZN) Posts Record Holiday Sales To Outperform FAANG Over Xmas

Although Amazon (AMZN) remains on thin ice, especially as equity markets continue to toss and turn, the world-renowned Nasdaq stock performed its FAANG counterparts over Xmas week. Many analysts have chalked up its relatively strong performance to booming holiday sales data.Amazon Booms Over Xmas WeekHoliday seasons are retail stocks’ home rink,

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How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues

A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. In spite of this, Bitcoin miners still managed to generate $4.7 billion in profit in the first six months of 2018. Constantly growing competition between big mining pools and the increasing

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Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales

Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up.In the financial results report, founder and CEO of Nvidia Jensen Huang said that the company’s “near-term results reflect excess channel

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Nvidia to See Q3 Strong Earnings, Crypto-Related GPU Sales Remain in Downtrend

Experts from analytical firm Trefis have forecasted increased sales of Nvidia’s graphics processing units (GPUs) at the end of the third quarter (Q3) of this year, Forbes reported Nov. 13. Trefis notes that, while overall GPU sales will be up, sales from cryptocurrency-related activities will remain in a downtrend.American GPU

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After ‘Negligible’ Mining-Related Sales, AMD Launches 8 New ‘Blockchain Compute Solutions’

AMD, a California-based semiconductor manufacturer, has evidently partnered with seven major tech companies to produce eight new cryptocurrency mining rigs, according to AMD’s official website as of today, Nov. 5.As per the list of newly-released miners on AMD’s site under the title “AMD and Blockchain Technology,” the firm has partnered

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ERC-20 Co-Author Proposes New ICO Model to Protect Investors from Fraudulent Token Sales

The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31.Speaking at Ethereum’s annual Devcon conference in Prague Oct. 30, Fabian Vogelsteller, also the main developer of decentralized application (DApp) browser Mist, proposed

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