Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❕NEWS Crypto mining did not help Nvidia

AudraMiller

Sapphire Member
LV
0
 
Joined
Sep 24, 2020
Messages
7,707
Reaction score
170
Points
150
Awards
1
BMF Points
$4,888
Rating - 100%
2   0   1
Recently there is a lot of companies that are starting to get involved in cryptocurrency and i think that it can be a very good thing in terms of raising the supply of the coin and helping to control the price. Furthermore, if the demand is able to rise to meet this new supply the coin can have a very bright future. Recently the Nvidia company actually created a processor that has the capabilities of mining crypto, expecting that this will allow them to get in with the craze of cryptocurrency. However it seems that this is not the case as they have noticed a reduction in sales in the second quarter. What do you think could be the reason behind people not taking to the crypto mining processor system?
 
Well users might be vary of the fact that 90% of the companies are using miners to mine currency from users cpu that affects the devices performance so that's one reason to be honest
 
Well users might be vary of the fact that 90% of the companies are using miners to mine currency from users cpu that affects the devices performance so that's one reason to be honest
This is a very good point and I have found that I have to be very careful when it comes to websites that I visit because they do have a plug-in that generally operates in the background which one able to stop unless you have a mechanism in your browser in order to prevent this.
 
Yes and even if you try it gets your IP and they do baddd things with your IP , which if I explain need some articles to write about it , you can find tons of articles and posts on it .
 
If they are unable to sell their cryptocurrency , it means that either they are offering it for a higher amount or they are not using the right channel for it
 
Maybe people are not interested in the processor or it was made very costly that they find it very hard to purchase one , the company should adjust their sales price and promotion
 
Maybe people are not interested in the processor or it was made very costly that they find it very hard to purchase one , the company should adjust their sales price and promotion
This could be the case as well as the graphics cards that this company makes is very expensive which makes it less attainable to people as well. This could help them to increase sales if they have a low range one as well.
 
This could be the case as well as the graphics cards that this company makes is very expensive which makes it less attainable to people as well. This could help them to increase sales if they have a low range one as well.
Yeah I think they should basically have division interms of sales and price range and also they should work on their promotional team to thrive
 
Maybe people are not interested in the processor or it was made very costly that they find it very hard to purchase one , the company should adjust their sales price and promotion
That is probably the case. People often avoid expensive things. So they should customize their prices to be something affordable to many people.
 
That is probably the case. People often avoid expensive things. So they should customize their prices to be something affordable to many people.l
Lol the company also want to make gains maybe that's why it's probably costly ,I think at the first instance they would have lowered the price atleast then after the sale is booming then they could increase it as well
 
That is probably the case. People often avoid expensive things. So they should customize their prices to be something affordable to many people.
That is a very good idea, and i think that will increase their customer base as well. Right now they are only able to market to those that are able to afford it and that would be make use of a high end machine.
 
That is a very good idea, and i think that will increase their customer base as well. Right now they are only able to market to those that are able to afford it and that would be make use of a high end machine.
And again they should change the base and location they are marketing the product , if they would see a good change in demand , because that's just the best option to take
 
The company isn't even popular like other companies that adopted mining. I think it centres to poor awareness for their development of mining BTC in order to attract sales.
 
Recently there is a lot of companies that are starting to get involved in cryptocurrency and i think that it can be a very good thing in terms of raising the supply of the coin and helping to control the price. Furthermore, if the demand is able to rise to meet this new supply the coin can have a very bright future. Recently the Nvidia company actually created a processor that has the capabilities of mining crypto, expecting that this will allow them to get in with the craze of cryptocurrency. However it seems that this is not the case as they have noticed a reduction in sales in the second quarter. What do you think could be the reason behind people not taking to the crypto mining processor system?
Most efficient miners use a different hardware technology than GPU of course GPU mining is still existing and there are algorithms that are focus on CPU or GPU instead of FPGA but the big money sits in FPGA supported coins therefore the investments in this field instead of mining limited GPUs
 
Recently there is a lot of companies that are starting to get involved in cryptocurrency and i think that it can be a very good thing in terms of raising the supply of the coin and helping to control the price. Furthermore, if the demand is able to rise to meet this new supply the coin can have a very bright future. Recently the Nvidia company actually created a processor that has the capabilities of mining crypto, expecting that this will allow them to get in with the craze of cryptocurrency. However it seems that this is not the case as they have noticed a reduction in sales in the second quarter. What do you think could be the reason behind people not taking to the crypto mining processor system?
If one is going into cryptocurrency in any form, decrease in sales should be anticipated. The market cycles between bullish and bearish times even in a bull run. These few months have been hard on everyone.
 
I really wonder how they will fill, because mining cryptocurrency for a substantial value will need a lot of energy and power source and if the cryptocurrency mined does not worth the value of energy dissipated there is no need to continue.
 
Maybe it is not profitable because that is just the only reason why people will not really take It serious ..A Long As anything is profitable and it is legal in a particular country the citizen will Always like to involve themselves.
 
Well Yes But It Tales A Lot Of Energy And Effects The Environment Too Especially for the Under Water Life That Are Sensitive To The Climate Changes Sudden
 
I don't think everyone wants to mine crypto currency.. we need to take the costs of doing so in account.. we know that the power needs to mine crypto is not cheap
 
Mining cryptocurrency is not an easy deal,aside the theoretical explanation and advantages you see online,it entails you to have the necessary mining facilities in place.
What are this mining facilities because this is were the main work is,the determinant for the amount of energy dissipated.
We need power,a good mining rig and processor,any lapse in this can affect the outcome of mining.
 

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.