Saturday , June 25 2022

Nvidia sold $ 175 million worth of GeForce RTX 3000 video cards to miners / News /


The WCCFTech Portal, citing RBC financial analysts Captial Markets and Barrons, reports that Nvidia, along with AIB partners, has sold GeForce RTX 3000 video cards to cryptocurrency miners worth at least $ 175 million.


Nvidia recently released its third quarter financial issues. The chip maker’s revenue grew one-and-a-half times (57%) compared to the third quarter of last year and was $ 4.7 billion. At the same time, Nvidia’s gaming division contributed $ 2.27 billion.

Analyst Mitch Steves noted that the upcoming update to Ethereum’s blockchain network, also known as Ethereum 2.0, requires miners to move to more efficient mining hardware. Nvidia Ampere’s new GPUs are thought to meet this need.

In any event, this factor has become an additional stone in the avalanche of the deficit seen in the fall. But what is most unpleasant, it lacks predictable prospects for completion. For those buyers who are now placing orders for Ampere gaming graphics cards, some stores set a distribution date for January-February 2021.

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