Nvidia continues with Graphics Cards – Samsung Budget Smartphones to have Cryptocurrency – e-bay no to cryptocurrency

By Maheen Hernandez May 14, 2019 Off

Nvidia has been dealing with graphics cards and it played an important role in dealing with the growth of the cryptocurrencies all the way to its peak.

The graphic cards from Nvidia have been used in cryptocurrency mining rigs.  It was so much in demand that these graphic cards were in great demand due to increased consumption of these cards by cryptocurrency miners.

During the decline of the cryptocurrency market, there was a sharp fall in the sales of the Graphics Cards that have been regularly used in the mining rigs.  And, with the end of December 2018, Nvidia reached the dead zone for its products.

Nvidia has been in to AI research for quite some time now and their research team have been coming up with vow innovation.  They are now venturing in to Robotics in a serious way.  Though they might not mass produce Robots, they are at the core dealing with their unique selling point – the graphics card. 

Bill Studebaker, President & CIO of Robo Global stated, “We’re trying to capture the future of innovation.”

Artificial intelligence has been a transformational technology.  Robotics provides for automation related products consisting of any technology, device or service, which will provide for robotic action or automation of system processes.

There is an increase in robotics investments due to decline in technology costs.  The advancements in this field are improving several areas of automation whether about e-commerce or any other field.

The budget smartphones from Samsung is likely to feature cryptocurrency and blockchain.

Chae Won-Cheol, Samsung Electronics’ Wireless Business Division stated, “We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.”

E-commerce giant eBay stated, “Cryptocurrency is not accepted as a form of payment on the eBay platform, nor is it part of our payments strategy.” Support for cryptocurrency is not mentioned in any of the pages on the e-bay site.

The e-commerce giant has a long list of payment methods that they do not accept in which it clearly states, “Paying with Virtual or Cryptocurrencies.”

There is a lot of advantage that investors can take concerning the growing momentum of the Bitcoin price.  Whether about buying and holding for a long term or selling short there is money one can make notwithstanding the inherent risk unique to this asset type.  It is about leverage at the right hour.