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Image result for Chinese miners are reportedly buying new Nvidia laptops to mine Ether (ETH) amid the altcoin reaching ATH.

Nvidia’s latest GeForce RTX 30 laptops are becoming increasingly popular in China as a tool for cryptocurrency mining. The market’s second-largest cryptocurrency quietly set up new ATH on the Binance exchange, soaring above $ 1,800.

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ETH Establishes New ATH | Source: TradingView

The price surge was driven by the launch of Ethereum futures on CME on February 8 (77 contracts were traded at launch with $ 30 million worth of trading volume and open contracts). 20 million USD) and Bitcoin continuously setting up new ATH: $ 44,800 on Monday and $ 48,000 early today.

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