New Cryptocurrency Blooms Could Mean Hard Drive and SSD Shortages

Miners in China are reportedly snatching up every hard drive and SSD they can find in response to the emergence of the Chia cryptocurrency. Unlike other cryptocurrencies, Chia cannot be mined using a CPU, graphics card, or ASIC miner. Instead, you have storage space for Chia, which is where hard drives or SSDs come in. […]

100 – 300 millios dollars of Nvidia Q4 revenue came from cyrpto miners

In its Q4 and Fiscal Year 2021 earnings update, Nvidia reported a record $5 billion in quarterly earnings, up 61 percent year-over-year, and net earnings of $1,475 billion. The gaming division of the company accounted for $2.5 billion of this revenue. Nvidia reports that crypto mining revenues amounted to between $100 million and $300 million. […]