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https://m.stacker.news/20930

  • The 90-day and 52-week correlation coefficient between bitcoin and Nasdaq-listed chip maker Nvidia has risen above 0.80.
  • The positive correlation is noteworthy as several analysts believe the surge in NVDA represents an AI bubble that could soon burst.
🔗 coindesk.com

I saw NVIDIA release their new chip Blackwell that will be available in September, which is like multiple times faster than their previous flagship one and I'm thinking with all this money flowing into chip companies now due to what I think is an AI bubble, what are the down stream effects in being able to create cheaper hardware and will there be an oversupply in the future?

And if this could bring forward cheaper and more powerful devices that can be used as Bitcoin nodes?

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It would surely burst out any day. Keep away. But Only Bitcoin.

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