Mining machine manufacturer Bitmain are supposedly developing an ASIC (application-specific integrated circuit) for Ethereum - a cryptocurrency that is currently ruled by GPUs alone. This move could potentially cut down the demand for graphics cards from miners, which would be great news for gamers, but potentially very bad news for AMD and Nvidia.
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The information comes from senior analyst Christopher Rolland of the investment and trading group, Susquehanna, and reported by CNBC.
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