• Latest
  • Trending

ChatGPT Spurs Nvidia Deep Learning GPU Demand Post Crypto Mining Decline

April 17, 2023

I probed ChatGPT to understand Ethereum’s price action in 2023

June 4, 2023

Ethereum haunted by sell pressure: It could be ready to…

June 4, 2023

Ethereum holders seem to be disappearing as…

June 4, 2023

Will Ethereum create a clear coast for DeFi, GameFi?

June 4, 2023

Bitcoin Miners Earned $916.6 Million in May, Marking a 13.7% Monthly Increase

June 4, 2023

Bitcoin and Ethereum succumb to TradFi – What now?

June 3, 2023

Positive Net Profit Amid Current Market Conditions

June 3, 2023

Are Ethereum whales selling their holdings?

June 2, 2023

Cathedra Announces A Partnership With 360 Mining To Promote Bitcoin Mining

June 3, 2023

Death of ‘Anti-Mining’ Bill Means Texas Miners Can Keep Raking in Energy Credits

June 2, 2023

Marathon Digital Records Positive Bitcoin Production In May, Increases 77% In a Month

June 2, 2023

Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site

June 2, 2023
Retail
Sunday, June 4, 2023
  • Home
  • Learn About Crypto

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Bitcoin

    Bitcoin Balance On Exchanges Soars, BTC Price Displays Weakness

    Bitcoin’s $18k Level Probably Constitutes a Bottom and Will be Retested, says Bitmex’s Hayes

    Twitter Posts $270M Q2 Loss, Blames Weak Ad Market and Uncertain $44b Elon Musk Deal

    California Approves Major Bitcoin Regulation As BTC Looks At $28K

    Bitcoin Mining Made Easier, Could This Be A Game Changer

    Funding Rates Return To Neutral Following Bitcoin Relief Rally

    Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

    Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

    Former Coinbase Employee Charged With Insider Trading for Tipping Off Brother and Friend on New Crypto Listings

  • Ethereum

    I probed ChatGPT to understand Ethereum’s price action in 2023

    Ethereum haunted by sell pressure: It could be ready to…

    Ethereum holders seem to be disappearing as…

    Will Ethereum create a clear coast for DeFi, GameFi?

    Bitcoin and Ethereum succumb to TradFi – What now?

    Are Ethereum whales selling their holdings?

    LSD Tokens Rally As Ethereum Staking Ramps Up, Here Are The Leaders

    How Ethereum’s falling gas fees affect the network

    Ethereum’s price divergence means this for DeFi blue-chip tokens

  • NFT

    What Is Azra Games’ Approach To NFTs In Gaming?

    Fungible Token Marketplace NFTrade Offers Easy Way To Pay For Items On Multiple Networks

    Square Enix Resolves to Continue with Web3, Blockchain Gaming Drive

    Elon Musk Meme Tweet Causes Milady NFT Price To Almost Double

    Binance NFT Marketplace Expands Offerings, Welcomes Bitcoin NFTs

    Brazilian Chess Competition to Hand Winners NFTs

    First NFT Insider-Trading Trial Results in Guilty Verdict for Ex-Opensea Manager

    Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work?

    Art Auction Giant Sotheby’s Unveils On-Chain NFT Secondary Marketplace

  • Altcoins

    What’s in store for BAT holders- Resistance zone or sell-pressure

    Decoding the reason behind falling cryptocurrency related stocks

    ZCash: Amid a bearish divergence, here’s where you can expect a pullback

    Payments Firm Stripe Adds Crypto Support For Twitter

    TRON at a pocket of demand; should investors take profit or HODL

    Top Privacy Coins Blaze Past Bitcoin This Week, Here’s Why

    THETA, Terra, FTX Token Price Analysis: 22 April

    Tron (TRX) Is Pumping Amid A Crypto Crash, Here’s Why

    Report: With over $47 billion in ‘realized’ crypto gains, this nation leads the pack

  • Mining

    Bitcoin Miners Earned $916.6 Million in May, Marking a 13.7% Monthly Increase

    Positive Net Profit Amid Current Market Conditions

    Cathedra Announces A Partnership With 360 Mining To Promote Bitcoin Mining

    Death of ‘Anti-Mining’ Bill Means Texas Miners Can Keep Raking in Energy Credits

    Marathon Digital Records Positive Bitcoin Production In May, Increases 77% In a Month

    Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site

    Russian Crypto Miners Set To Mint $700 Million Worth Of Cryptocurrencies In 2022

    Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport

    Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

  • Financial News

    Inflation Could Squeeze Dollar Stores, Too

    Dollar General, Occidental Petroleum, Guess and more

    Courtroom Drama Clouds Post-Covid-19 Recovery for Regal Cinemas’ Owner

    Mortgage Rates Top 4% for the First Time Since 2019

    Dollar General, Accenture, Warby Parker and others

    China’s Housing Market Needs More Than Talk From Beijing

    Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion

    Netflix Will Be Sticking to Its Script

    New Gig Surcharges Are Hardly a Gas

  • Market Cap
No Result
View All Result
What's Up Market
No Result
View All Result

ChatGPT Spurs Nvidia Deep Learning GPU Demand Post Crypto Mining Decline

April 17, 2023
in Mining
0 0
0


Mining

YOU MAY ALSO LIKE

Bitcoin Miners Earned $916.6 Million in May, Marking a 13.7% Monthly Increase

Positive Net Profit Amid Current Market Conditions


Curiosity in ChatGPT and related AI purposes has led to the worth of the Nvidia H100 going as much as round $40,000. Crypto mining is seeing a lull as Ethereum gears up for its improve.

The rise of ChatGPT and related AI instruments has led to a pointy improve within the demand for Nvidia GPUs. Each high-profile people within the tech business, like John Carmack, and most of the people have taken word of the inflated costs.

Nvidia H100 Worth on the Rise

Nvidia’s H100 deep studying GPU has elevated to a whopping $40,000 per unit, with some sellers even pitching it for just a few thousand {dollars} extra. Such items centered on specialised purposes are already within the vary of 1000’s of {dollars}, so the truth that they’ve elevated is much more telling of the demand. The retail worth of the H100 was someplace underneath $35,000 earlier than.

It needs to be famous that the items within the screenshot from eBay beneath are listed on the market at costs between $42,672 and $45,000, however BeInCrypto was unable to confirm any accomplished gross sales at these costs.

eBay Listings of Nvidia H100 80GB Deep Studying Items for Sale

The usage of {hardware} such because the H100 to construct language studying fashions and its purposes in AI has made it a extremely sought-after commodity through the years. The computational energy required by these fashions is excessive, therefore the demand for {hardware} similar to Nvidia’s.

Firms will seemingly produce new sorts of {hardware} to fulfill the demand. The tech business has already set 2023 to be one of the crucial thrilling years, and the potential for brand spanking new ChatGPT fashions is thrilling the general public.

ChatGPT and AI Trigger Excessive Demand for H100

The rise of recent AI purposes, particularly ChatGPT and its options, has predictably led to a rise in associated {hardware}. Main cloud computing gamers at the moment are providing the H100 sequence, also called Hopper GPUs, to maintain up with the growing demand. The H100 is probably the most highly effective GPU for AI, in keeping with Nvidia. Amazon, Microsoft, and Oracle will all supply cloud help for these much-desired GPUs.

ChatGPT itself was skilled on Nvidia GPUs. In reality, it used as many as 10,000 GPUs for its coaching mannequin. The event of the house signifies that generative AI will drive much more demand within the years to come back.

Crypto Mining Hype Cools After ETH Switches to PoS

Whereas the AI business has been taking off, the crypto-mining business is experiencing one thing of a lull. The hype for this market has slowed. The asset class took an enormous hit final yr after Ethereum switched to a proof-of-stake mechanism.

The upcoming Ethereum improve, which can allow stakers to unstake their ETH, has now totally caught the eye of traders. All dialogue is concentrated on this proper now; nonetheless, with Bitcoin wanting up, it might be the case that the dialog shifts again to mining within the close to future.


Source link

Tags: ChatGPTcryptoDeclinedeepdemandGPULearningMiningNvidiapostSpurs
ShareTweetShare

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

I probed ChatGPT to understand Ethereum’s price action in 2023

June 4, 2023

Ethereum haunted by sell pressure: It could be ready to…

June 4, 2023

Ethereum holders seem to be disappearing as…

June 4, 2023

About Us

The website strives to educate individuals in making wise choices about Cryptocurrencies, Mining, Financial Market, and more.

Recent News

  • I probed ChatGPT to understand Ethereum’s price action in 2023
  • Ethereum haunted by sell pressure: It could be ready to…
  • Ethereum holders seem to be disappearing as…

Newsletter

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2022 whatsupmarket - All rights reserved

No Result
View All Result
  • Home
  • Learn About Crypto
  • Bitcoin
  • Ethereum
  • NFT
  • Altcoins
  • Mining
  • Financial News
  • Market Cap

© 2022 whatsupmarket - All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183336-4.61%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%
  • B20B20(B20)$0.4507925.62%