I thought this was an asic dominated market anyway? So why do nvidia/amd bets matter? twitter.com/sbmeunier/stat
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Bitcoin and some of the older altcoin have ASICs, but ETH and others need GPUs for mining.
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Depends on the alg. Eth in particular works well on GPUs and needs RAM. Bitcoin is straight ASIC.
GPUs aren't power efficient for Bitcoin. They're used mostly for altcoins. Some algorithms are asic resistant as well. See: equihash for example.
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