The application of the blockchain is not limited to the virtual currency and is expected to break out at any time.Most of the circulating virtual currency in the market need to be 'mined', that is, the virtual currency miner uses the extremely fast GPU to solve complex mathematics in the blockchain Puzzle, and then get new digital currency as a reward. The main consumption of computing resources and power resources. Engage in cryptocurrency craze 'miners' are looking for ways to improve their fortune.
As a supplier, GPU prices will surely make a huge profit for AMD and NVIDIA, and analysts expect GPU sales to grow further as more and more companies worldwide plan to tap the Bitcoin market or blockchain.
Investors were excited about the prospect, with AMD shares soaring about 6% on Wednesday, while shares of NVIDIA rose 3% to a record high.
Bitcoin prices soared by 1,300% in 2017, attracting more and more people across the globe to monetize the digital currency, pushing up the demand for the GPU.
In the past, AMD and NVIDIA tried to downplay revenue growth expectations from the blockchain segment, but analysts believe the blockchain market is overwhelming.