Updating market ru

11 Oct

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Steves arrives at that conclusion by looking at the number of “hashes” happening in Ethereum mining, and how much an individual GPU can do: The number of GPUs on each network can be roughly calculated by taking the network hash rate and dividing that by the average hash rate of a GPU (we will assume 30 MH/s).

While many AMD GPUs can obtain hash rates well above thirty (modifications made to the miner) we use 30 MH/s to represent the "average" GPU on the network.

Steves, who has written numerous reports of late about Nvidia’s use in performing calculations for Ethereum, wrote on June 9th that the market for chips useful to Ethereum may be worth 5 million for Nvidia and Advanced Micro Devices (AMD) and others.

Today, Steves writes that the value of the market has increased 25% in just the 11 days since he wrote that report.