Cryptocurrency rising in price and many people believe that the boom in this market continues. In addition, there are more willing to buy Bitcoins not for money, and get them yourself. Therefore, it makes sense to look for investors in the shares of companies making computer processors and chips used for the production of digital currency.
Digital currency can be extracted using computers to perform complex mathematical calculations. The more computing done, the more difficult it becomes the following, so miners at all times require more powerful hardware.
Demand for equipment is growing following the increase in prices cryptocurrency because Bitcoin or more expensive than air, the faster the miners may return to the initial investment.
The set of equipment for mining, which includes several video card, processor, power supply, memory, cables, fans, standing on Amazon.com from $ 2400 to $ 3800.
Antminer S9, capable, estimated to produce 0.29 bitcoins a month, costs $ 2795. With the price of Bitcoin in the neighborhood of $ 2700 costs for its purchase will pay off in about four months, excluding the cost of electricity. Miners are buying ready-made sets of equipment, or collect them yourself, buying components.
NVIDIA
California-based NVIDIA makes graphics processors used by gamers and now increasingly - miners,.
The cost of processors, on the site of the company, up to $ 1,200. According to RBC Capital Markets, the market for mining equipment can grow to about US $ 1.3 billion. CPU cost is about two-thirds of the value of the equipment set, therefore, the capacity of this market could grow to 875 million dollars.
If NVIDIA will account for at least half of it will mean GPU sales growth of 10%, calculated at RBC Mitch Stives. According to Jon Peddie Research, the company now occupies about 75% of the market of graphics processors.
The complexity of Bitcoin mining has increased to such an extent that graphics processors are not powerful enough, and miners move to Application Specific Integrated Circuits (ASIC), which NVIDIA and its rival Advanced Micro Devices does not produce. However, watching the growth in demand, NVIDIA, and AMD plans to launch GPUs, designed specifically for Bitcoin mining.
NVIDIA shares rose 45% this year, and last year - more than three times.
Advanced Micro Devices
AMD also released graphic cards used for the extraction of ether and other cryptocurrency.
This week, the company's shares rose by 9%, which was partly due to an article in PCWorld, which said about the lack of AMD Radeon graphics cards that arose after a sharp rise in demand for them on the part of miners ether.
The company also manufactures processors that are used in equipment for mining. According to AMD CTO Mark Papermastera, the company's products compete with larger Intel.
AMD shares rose 27% in the last month and nearly three times - in 12 months.
Intel
The popularity of digital production rates can lead to increased demand for Intel processors, said Stifel Nicolaus analyst Kevin Cassidy. Intel is a traditional leader in the industry and is trying to resist his young rival AMD, whose processors have become so popular among miners.
The company's shares over the past year rose by only 17%.
Micron Technology
Micron's - it is the largest US manufacturer of memory chips, which are also used in equipment for mining, so the actions of the company, too, can make money, says Cassidy.
Micron shares this year rose by almost 50%, and over the past 12 months - twice.
Based on materials WELTRADE
