Mining company Hut 8 bought video cards Nvidia for $ 30 million

Mining company Hut 8 (HUT) purchased new Nvidia graphics processors for mining worth $30 million and will increaseProduced power for the extraction of other cryptocurrencies, except for bitcoin.

We are talking about the new graphical process of the companyNvidia, dubbed "Cryptocurrency Mining Processor" (CMP) and pre-assigned for professional cryptocurrency miners. This GPU was provided in part to switch the attention of miners from other Nvidia video cards. The point is that from the side of the gamers - the main audit of the GPU manufacturer - there are complaints about the lack of video cards on the market because of the flood of the mains.

At the conference dedicated to the financialThe company's performance for the 4th quarter, the general director of Nvidia Kolett Kpecc announced its expectations that the total volume of sales of CMP for the first quarter of this $ 50 mln.

These devices "open up new possibilities" forplans of Hut 8 on the diversification of the flow of dosage, says the statement of the general director of the company Jaimie Leverton. The new CMPs will add to the existing mining powers of about 1600 GH (gigaxesh), which will be used for the mining of alternative blockchains. Hut 8 plans to receive full shipment and install CMP this summer.

"Replacing the mining power foraltepnativnyx blokcheynov, takix HOW Ethereum, schedpo voznagpazhdaetcya bipzhevymi invectopami, o what cvidetelctvuet Price ACTIONS kompanii Hive Po cpavneniyu c eo kanadckimi analogami, kotopye nA cegodnyashny den cocpedotochilic tolko nA bitkoyne "- ckazal Itan Bepa, couchpeditel mayningovoy kompanii Luxor Technologu, pacpolozhennoy in Cietle ...

Since the beginning of the year, the shares of the company from Toponto have grown by 1Z0%, up to the mark just over $ 7.

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