Nvidia CEO: "cryptocurrencies and mining will last for a long time"

Jensen Huang, CEO of video accelerator manufacturer Nvidia, believes that cryptocurrencies,as well as mining, they will stay on the market for a long time.

Nvidia recently started shipping graphics cardsRTX series, which have a hash rate limit when using cryptocurrency mining devices. However, Huang does not know if the next generations of graphics cards will receive such a limiter:

“I cannot say that I know the future.But there is a reason why we have set the limiter. We want to keep GeForce devices for gamers, and for miners we have created special versions called CMP. This will reduce the deficit and, as a result, the prices for our video cards. "

That being said, the CEO of Nvidia believes that cryptocurrencies and mining will remain for a long time. In his opinion, digital assets give people a convenient way to exchange funds. Juan stated:

“One can argue whether there is value in thecryptocurrencies. But no one will argue that they are very convenient for exchange. Ethereum and other distributed cryptocurrencies enable secure transactions. Cryptocurrencies will remain on the market. Maybe Ethereum will slow down a little, but mining will remain. "

Huang noted that no one knows the future, but he believes that Nvidia's current strategy of differentiating cards for gamers and devices for miners is correct.

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