"Nvidia: This Bitmain Thing Has Morgan Stanley Worried"

[WaffleMaster]

https://www.barrons.com/articles/nvidia-this-bitmain-thing-has-morgan-stanley-worried-1522878020


This article released 1h ago is very interesting. Please read it and let me know what you think (not affiliated with any companies or websites involved).

I believe there may be an 'arm's race' of sorts now that Bitmain is actually attracting large attention from TECH GIANTS that appear to be subtlety entering into the space.

[Xavofat]

I think AMD and NVIDIA's affiliation with gamers and avoidance of crypto miners (which seem to make up a surprisingly significant amount of their sales), is going to give BITMAIN quite a significant advantage when they release their E3 miner and other altcoin ASICs.

The recent fall in price will probably decrease AMD and NVIDIA's crypto-related sales, which could also decrease their focus on producing specialised hardware for miners.

If they don't focus on it now and BITMAIN enters the space quickly enough, they might be too late to preserve their share of the market.  BITMAIN could be a serious threat to their recently increasing stock prices.

[Herbert2020]

I think AMD and NVIDIA's affiliation with gamers and avoidance of crypto miners (which seem to make up a surprisingly significant amount of their sales), is going to give BITMAIN quite a significant advantage when they release their E3 miner and other altcoin ASICs.

The recent fall in price will probably decrease AMD and NVIDIA's crypto-related sales, which could also decrease their focus on producing specialised hardware for miners.

If they don't focus on it now and BITMAIN enters the space quickly enough, they might be too late to preserve their share of the market.  BITMAIN could be a serious threat to their recently increasing stock prices.

of course they are going to say they are focusing on gaming but they obviously know that they are in fact creating new hardware for altcoin miners. and that is why the article is saying they are worried!
and i think it is a good thing, they are feeling the competition and Bitmain will also have to compete with them. and in the end we may even start seeing Nvidia and AMD ASIC miners by these companies and all these competition can make everything better for us.

[WaffleMaster]

Yeah I think these big guys are realizing how much money is actually in this now, and they are most likely starting big research and development programs to cater to it. This would further legitimize the projects as two tech titans entering the space is a very big indicator. I really doubt they'll want to just let it pass by after seeing last year's sales of GPUs. I'm sure they know that while GPUs are very versatile, they should start more specific development because there is a REAL demand for that market as well. I remember reading an article where Bitmain made $3 billion last year so...

[daarul50]

Computer market conditions are currently experiencing a lack of supply GPU either Nvidia or AMD chip because the miners crypto always buy anything in a computer store. The presence of Antminer E3 seems to be making crypto miners interested and interested in shifting the hardware they are using now (ie GPU). The presence of Antminer E3 is likely to make a decrease in the price of GPU on the market and it will be greeted with joy by the gamers who had always difficult to get a GPU in various stores because the stock of GPU is always exhausted by the miners.