Nvidia and Bitcoin Linkage Study—Based on DCC-GARCH Model

This article quantifies the correlation between Bitcoin and NVIDIA using DCC-GARCH model during period of 2020-2023. We analyzed data from investing.com for this research. is a cryptocurrency based on blockchain technology, which involves mining by solving complex cryptographic puzzles. Mining refers to process verifying recording transactions through computation, acquiring newly generated Bitcoins as contribution network security distributed consensus mechanism. Therefore, it important understand graphics cards, especially with expansion virtual currency market. Determining cards can help miners optimize their hardware choices, investors better market potential, manufacturers produce develop according demand. Due high computational requirements mining, traditional central processing units (CPUs) are not well-suited task. On other hand, (graphics units, GPUs) have become preferred due highly parallel computing capabilities. Consequently, we hypothesize existence further validated in subsequent sections.