Nvidia Corp (NASDAQ: NVDA) will host a GTC developer conference with Jensen's keynote scheduled for September 20, followed by Financial analyst Q&A. Citi analyst Atif Malik expects Nvidia to announce new RTX 40-series Ada Lovelace gaming cards with 2x performance improvement over the current generation Ampere-based RTX 30-series, starting in October. While Nvidia typically does not provide an update on the quarter at GTC events, he saw an in-line October quarter. The critical investor topics inc Read More...
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Did the Ethereum Merge Drop ‘Worldwide Electricity Consumption’ by 0.2%?
Last week, hot off the heels of the Merge, a complicated plan to swap Ethereum’s infrastructure without interrupting the multibillion-dollar cryptocurrency network, Ethereum’s co-founder Vitalik Buterin reshared data suggesting “worldwide electricity consumption” could be reduced by 0.2% as a result. This talking point, originally discussed by Ethereum researcher Justin Drake, was picked up by U.S. congressmen, technologists and Ethereum’s community, who are right to celebrate the network’s vastly smaller carbon footprint. Proof-of-stake, Ethereum’s new algorithm for processing transactions, would use approximately 99% less power than the proof-of-work (PoW) system Ethereum used to run.
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