π½Nvidia under attack: US-China trade war hits AI giant
Just a couple of weeks ago, Nvidia was the most valuable company in the world, with a capitalization of $3.7 trillion, but now it's at the center of one of the biggest geopolitical conflicts of our time.
What happened:
π΄ The US banned Nvidia from shipping its H20 series AI chips to China - citing βnational security threats.β
π΄ As a result, Nvidia recorded a $5.5 billion loss in the first quarter - costs related to unsold chips and supply chain disruptions.
π΄ Shares fell 7% and the company lost $160+ billion in capitalization in just one evening.
Just a couple of weeks ago, Nvidia was the most valuable company in the world, with a capitalization of $3.7 trillion, but now it's at the center of one of the biggest geopolitical conflicts of our time.
What happened:
π΄ The US banned Nvidia from shipping its H20 series AI chips to China - citing βnational security threats.β
π΄ As a result, Nvidia recorded a $5.5 billion loss in the first quarter - costs related to unsold chips and supply chain disruptions.
π΄ Shares fell 7% and the company lost $160+ billion in capitalization in just one evening.
π1
#Readmoo unveils the world's first e-reader with a foldable screen. It is called mooInk V.
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International chain SPAR started accepting Monero as payment in Switzerland - XMR jumped 40% in a couple of hours.
Earlier a few stores in Zug officially started testing bitcoin payments via the Lightning Network.
SPAR network = 13,900 stores in 48 countries.
Earlier a few stores in Zug officially started testing bitcoin payments via the Lightning Network.
SPAR network = 13,900 stores in 48 countries.
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β‘οΈ How much does it cost to mine 1 BTC around the world?
π Big gap in electricity costs! In Ethiopia, mining 1 BTC would cost just $2,000 β but only if they had enough hashpower. Cuba and Sudan follow closely with costs under $4,000.
πΊπΈ Meanwhile, the U.S. β home to the largest share of global mining β sees costs skyrocket to $107,000 per BTC.
π Thatβs why the Bitcoin price likely wonβt stay below current levels for long: unprofitable miners will simply shut down their rigs.π§
β‘οΈ How much does it cost to mine 1 BTC around the world?
π Big gap in electricity costs! In Ethiopia, mining 1 BTC would cost just $2,000 β but only if they had enough hashpower. Cuba and Sudan follow closely with costs under $4,000.
πΊπΈ Meanwhile, the U.S. β home to the largest share of global mining β sees costs skyrocket to $107,000 per BTC.
π Thatβs why the Bitcoin price likely wonβt stay below current levels for long: unprofitable miners will simply shut down their rigs.π§
β€1
π€ Shares of the company collapsed after the announcement of the TRUMP shield purchase
Freight Technologies announced that it will create a strategic reserve of TRUMP shields and plans to buy $20 million worth of the cryptocurrency.
Investors are not thrilled and started dumping the company's shares after the news was released.
Freight Technologies announced that it will create a strategic reserve of TRUMP shields and plans to buy $20 million worth of the cryptocurrency.
Investors are not thrilled and started dumping the company's shares after the news was released.
β οΈ Notcoin states the death of βtap-to-earnβ in Telegram
Tap-to-Earn applications have failed to keep players interested and they are not viable due to the lack of a gaming and social component.
Players no longer want to just βfarmβ tokens - they want to have fun and socialize. The trend is shifting towards the fan. The goal of Notcoin and Not Games is to create games that players want to play not for profit, but for fun.
Tap-to-Earn applications have failed to keep players interested and they are not viable due to the lack of a gaming and social component.
Players no longer want to just βfarmβ tokens - they want to have fun and socialize. The trend is shifting towards the fan. The goal of Notcoin and Not Games is to create games that players want to play not for profit, but for fun.
π6000 BTC went in the trash
In 2011-2012, a drug dealer bought 6,000 BTC and hid the private keys... in a fishing rod case. When he was jailed for 5 years, the landlord threw the stuff away. Along with them - and access to a fortune of more than $500 million.
Another success story. Keep your keys in more secure places.
In 2011-2012, a drug dealer bought 6,000 BTC and hid the private keys... in a fishing rod case. When he was jailed for 5 years, the landlord threw the stuff away. Along with them - and access to a fortune of more than $500 million.
Another success story. Keep your keys in more secure places.