Jen-Hsun Huang, the CEO of NVIDIA, has spoken about cryptocurrencies and GPU mining, a segment that currently represents very little, in terms of revenue, for the company.

NVIDIA CEO Jen-Hsun Huang has been interviewed by Jim Cramer on CNBC's Mad Money. The head of NVIDIA, has commented that 'cryptocurrencies are here to stay', and also stressed that 'I do not see the madness ending soon'. Despite the fact that cryptocurrencies have suffered a sharp fall in value, in recent months, it is still profitable to mine them and many miners bet on mining in the future, for when they rise again and then obtain profits.

Huang has stressed that cryptocurrencies are not going anywhere. 'The world's ability to have a low-cost form of value exchange, they will be with us for a long time.'

NVIDIA is the largest GPU manufacturer on the market and they have a great power to extract cryptocurrencies, depending on the protocol they use, of course. Huang emphasizes that blockchain technology is characterized by the need for equipment spread all over the world, because it is the basis for this network to be immutable and secure. Huang considers the GPUs they manufacture to be a great solution for miners:

'The reason cryptocurrencies have become so popular over our GPUs is that our GPU system is the foundation of the world's largest distributed supercomputing. Our processor serves as the perfect processor to allow this supercomputing capacity to be distributed, and that is why they are used '

It also highlights that, "we are not yet ready to move forward" in this field. Currently, the company is primarily involved in the gaming market, Data Centers and driverless vehicles, highlighting that the mining of cryptocurrencies still accounts for a small part of the company's income.

The company has no presence in the mining of Bitcoin, since the mining of this cryptocurrency is not done with GPU, right now it can only be done with special ASICs. It has highlighted that its GPUs are used to mine Ethereum, Zcash, Verge and other cryptocurrencies and that it represents only 6% of the company's 2017 GPU sales, according to it.

'Ethereum was designed as an algorithm to ensure that no single entity (or a few entities (, have the power to control this cryptocurrency,' he stressed. 'It was designed so that the algorithm requires the type of computing capabilities, the type of capabilities that are made possible by GPUs in a distributed system. The GPU is popular with Ethereum, because the GPU is a very powerful distributed supercomputer. It is the only supercomputer that is lightly in the hands of everyone, and no one entity can control the coin.'

He stressed that for the moment, cryptocurrencies will not change their business strategy, at least in the present, in the future there could be changes: 'Gaming is a much bigger business; Data Centers is a much bigger business; our professional graphics are a much bigger business, and of course in the future, anything that moves will be autonomous, and we will have autonomous capabilities, and that's going to be a much bigger market, but cryptocurrency gave it that extra edge. , which made all of our GPUs so in demand. '