There are many reasons for investors to buy chipmakers Nvidia and Advanced Micro Devices, but the recent rush for an indirect way to play skyrocketing cryptocurrencies bitcoin and ethereum should not be one of them, CNBC's Jim Cramer said Friday."One of the reasons why AMD and Nvidia have been going up is their chips are used for mining, for cryptocurrency mining," Cramer told "Squawk on the Street."But he warned, "Do not play it for this is what I'm saying.But it is being played for that."Bitcoin and ethereum miners use powerful graphics processing units — or the computer chips on graphics cards — to generate new cryptocurrency units, which can then be sold or held for future appreciation.Cramer cited a recent note from RBC Capital Markets, which said the growing cryptocurrency mining market has contributed $100 million worth of GPU sales for Nvidia in the past 11 days alone."AMD chips are the best ones for the ethereum platform," he added."Of course there are so many other uses for their chips, but a lot of retail people love bitcoin and are looking for a way to play it," Cramer said.

In the past 12 months, bitcoin has soared about 325 percent to around $2,703 per unit as of midmorning trading on Friday.Ethereum, the smaller bitcoin rival, has skyrocketed about 2,240 percent to around $328.In the past month, as the cryptocurrency surges have been more widely reported, AMD shares have soared 33 percent and Nvidia stock has gained about 15 percent."You play Nvidia for artificial intelligence, for GPUs, for autonomous cars, and for gaming," he said."You play AMD for gaming and they have a faster chip than Intel."bitcoin kurs usdBuying the stocks for those reasons, not because of cryptocurrency mining, makes sense, Cramer concluded.bitcoin pha sanWatch: AMD shares are surging with bitcoin because of digital currency 'miners' Matthew J. Belvederebitcoin laptop lost

Please verify you are a human Please click "I am not a robot" to continue Access to this page has been denied because we believe you are using automation tools to browse the website.This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that Javascript and cookies are enabled on your browser and that you are not blocking them from loading.bitcoin sicher kaufenAMD and NVIDIA preparing graphics cards for cryptocurrency mining Published: 3 weeks ago | Comments A new rumor has just started to spread in the industry, a rumor we heard from few sources.bitcoin amazon gpuAMD & NVIDIA to release graphics cards for ‘Bitcoin’ mining AMD and NVIDIA are both facing problems with the stock of their power efficient and cost effective graphics cards due to the popularity of cryptocurrency mining.bitcoin baba

In order to satisfy the demand for such solutions and prevent shortages of gaming cards for normal customers both AMD and NVIDIA are planning to announce special editions of their popular graphics cards designed specifically for cryptocurrency mining.NVIDIA is said to launch GeForce GTX 1060 with GP106-100 GPU, a custom edition for mining.This card would lack display connectors and most likely it would not support any gaming at all.According to our sources, these cards, unlike normal editions, would only have 90 days warranty.litecoin online walletThe good news is that these cards will be cheaper than the same models for gamers.bitcoin anzahlThese cards will be sold by add-in-board partners.bitcoin mine laptopAMD is also planning Polaris based model for mining, except the details are yet unknown.

2017 Back to Top ↑Ask Ubuntu Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 1 down vote favorite I would try to start mining Bitcoin into a mining pool, and I'm looking for a client compatible with Linux (if it has a GUI would be better) and that admit to use my Nvidia GTX 860 graphic card.nvidia software-recommendation bitcoin up vote 3 down vote Answer copied from comments: Because bitcoin mining is now done by dedicated hardware named ASIC miners, the difficulty is now too high for a normal PC CPU + GPU to make it profitable considering power consumption and other things.See http://en.bitcoin.it/wiki/Non-specialized_hardware_comparison for further info.up vote 1 down vote Bitcoin's were so profitable at the beginning that specialized hardware have been developed that can mine bitcoins.

This hardware is based on an Application Specific Integrated Circuit or ASIC.There are different generations of ASICs that can do more in less time as they become more recent.It is almost impossible to get any help in setting up a nvidia GPU based bitcoin miner because the folks that develop the software no longer support what they consider a unworthy configuration.You can get low end ASICs below $40.00, perhaps lower.I saw one on Alibaba for $25.00.These low end ASICs are built to plug into a USB hub or port.The simplest way to begin mining bitcoins would be to buy one or more of these USB ASICs and then use software like BFGMINER which can be found for windows, MAC, and Linux.Browse other questions tagged nvidia software-recommendation bitcoin or ask your own question.One of the highest powered GeForce Graphics cards on the market.The GeForce® GTX 970 is a high-performance graphics card designed for serious gaming.Powered by new NVIDIA® Maxwell™ architecture, it features advanced technologies and class-leading graphics for incredible gaming experiences.