Square processed $148 million in bitcoin sales in the third quarter of 2019. The payments company, founded by Twitter co-founder Jack Dorsey, released its earnings results on Wednesday, reporting revenues of $1.27 billion between July 1 and Sept. 30 of this year. Though Square’s crypto business remains a niche concern for the publicly traded company, […]
Nvidia: ‘Substantial Decline’ in GPU Sales from Crypto Miners
Nvidia has seen a “substantial decline” in revenue from cryptocurrency miners, the company announced in its second quarter results Thursday.
Crypto Mining Made Up 10% of AMD’s Revenue in Q1
While AMD sees demand for GPUs to process blockchains falling this quarter, CEO Lisa Su believes the technology will have a long-term impact.