Oh, Those GPUs….The Bitcoin/NVIDIA Correlation

Published 09/06/2017, 12:36 AM

OK, at the moment, I have nothing to say – but we need a comment cleaner! So I’ll just toss in this cute little SlopeChart to show the correlation between Bitcoin and NVIDIA Corporation (NASDAQ:NVDA). There are a handful of firms which make GPUs, Nvidia being the big swinging dick of the lot, and this chipmaker’s fortune is tied tightly to bitcoin’s. With the nearly 20% smackdown $BTC suffered during the weekend, it’s not that shocking Nvidia would take it on the chin.

GPU Bit

If I think of anything non-idiotic to write, I’ll do so later tonight.

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