AMD, under the management of CEO Lisa Su, has gained market share primarily in Laptop chips at the expense of Intel over the past 5 years. That’s one of the main explanation why AMD’s stock has soared more than 1,200% since January 2017. Intel’s, meanwhile, has gained just 45% while the iShares Semiconductor ETF has surged 300%.
Cryptocurrency mining uses gargantuan quantities of power, with a present estimated rate of 125 terawatt hours per yr, in response to an estimate by Cambridge College’s Bitcoin Electricity Consumption Index. payment gateway for zencart comparison, that is as a lot because the 2020 electricity consumption of Norway, a nation with 5.5 million people, in line with the Vitality Information Administration (EIA).
When somebody says “mining cryptocurrency” what they’re referring to is the act of attempting to compute a specific hash value by producing a set value that, when hashed along with the block ledger, produces a particular result. This requires considerable computing energy, however considering the rewards – it’s well worth it.