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Nvidia announces new chips designed for mining Ethereum as the cryptocurrency hits record highs – CNBC

The company’s new graphics card will be altered to mine ether more slowly.

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Nvidia on Thursday announced it will release a new series of semiconductors specifically for mining ether, the second-largest digital cryptocurrency.
The new chip type is called CMP, or Cryptocurrency Mining Processor. The first cards will go on sale in March, an Nvidia spokesperson said.
Ether mining is a process in which computers solve complicated math programs to help the Ethereum cryptocurrency network run. In exchange, miners get ether, the digital coin that runs on the Ethereum network. Ether…

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