Bitcoin soared with the fire demand and its stock price AMD card

Bitcoin soared with the fire demand and its stock price AMD card

AMD said, benefit from other digital currency bitcoin rose, the mining boom has also led to the demand for its graphics.

AMD, a spokesman for the American local time Monday night, CNBC said, “the game market is still our focus in the game, and the rise of new digital currency mining market, we Polaris architecture graphics needs are very strong.”

As of now, the virtual currency in the etheric square rose more than 29 times during the year, bitcoin is up about two times, yesterday for the first time exceeded 20000 yuan mark.

Bitcoin soared with the fire demand and its stock price AMD card

In the remarks after the release of AMD, its shares rose 7% Tuesday, led in the S & P 500 companies. Strong demand in the market for its graphics and dacentrurus processor, over the past year, its stock price rose 170%, compared to the S & P 500 index rose only 15%.

Bitcoin soared with the fire demand and its stock price AMD card

In April 18th this year, AMD released the RX500 Series graphics cards. CNBC quoted NowInStock said, the current major computer hardware retailer RX570 and RX580 cards have been sold out.

Virtual currency miners generally use AMD or NVIDIA graphics mining, CNBC said, in this field, AMD graphics are generally more popular.

However, according to the Royal Bank of Canada (RBC) test, in bitcoin mining activities, the power consumption of NVIDIA graphics was superior to that of the AMD and other competitors. For the enterprise data center will use a lot of GPU, they also have to consider the problem of energy consumption.

RBC believes that if NVIDIA will continue to maintain its leading position in energy consumption, can benefit more from the growing market demand, and also its share price gains.

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