GPU PRICES AND CRYPTOCURRENCY RETURNS
DOI:
https://doi.org/10.24135/afl.v11i.503Abstract
We look at the association between the price of a cryptocurrency and the secondary market prices of the hardware used to mine it. We find the prices of the most efficient Graphical Processing Units (GPUs) for Ethereum mining are significantly positively correlated with the daily price returns to that cryptocurrency.
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Copyright (c) 2022 Linus Wilson
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