Cryptocurrency Gives AMD Big Q4 Profits | Altcoin Mining Still Profitable?

11,316 Views · Posted 6 years ago

Mainstream Media loves nothing more than tragedy. They feed on the weak, and take advantage of the poor minded. Sensationalism sells, and the cryptocurrency market is no exception.

Even when the market was booming, they cried Bubble, and now that there's a seasonal dip they're feeling justified. Every news story from the media outlets seems to be laced with fear, uncertainty, and doubt that goes far beyond the healthy skepticism we all should hold.

In positive news related to altcoins and crypto, the computer parts manufacturer AMD reported an outstanding Q4 2017 profit, with a net operating income of over $60 Million. Wallstreet investors had been grabbing up shares of AMD in anticipation of the good news. Now that the stock has seen a roughly 30% boost in price earlier investors appear to be selling for a profit.

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