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nvidia

Nvidia : Lowered Mining demand leads to Class Action Lawsuit

Nvidia : Lowered Mining demand leads to Class Action Lawsuit
Members Public

One of the major chipset manufacturing company – Nvidia, faces class action lawsuit due to huge losses reported by the company. Essentially the plummeting crypto price has reduced the demand for GPU’s in turn affecting the company’s profit margin. The complaint filed by the Schall law

Pooja
Pooja
crypto
Chip Manufacturing company Nvidia quits Crypto-Mining

Chip Manufacturing company Nvidia quits Crypto-Mining
Members Public

Famed Chip Manufacturing giant Nvidia has apparently made an official announcement to back out from the crypto-mining industry altogether. Only when the company was hoping to make an impact on crypto-space, the news of its quitting popped up. As per statements from Nvidia CFO, Colette Kress,  the revenue decline was

Pooja
Pooja
Crypto Mining