Nvidia’s CEO and founder Jensen Huang predicted blockchain will exist for a long time, despite the beating cryptocurrency prices are currently taking. Huang, in a videotaped segment on CNBC, also predicted blockchain will create a new fundamental form of computing. Huang added, “I expect blockchain, I expect cryptocurrency to be an important driver for GPUs.” Cryptocurrency mining has increased demand for graphics processing units, but this could be threatened by the development of more powerful application-specific integrated circuits, or ASICs, some market participants say. Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at contact@thirtyk.com.