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> the driver of NVidia profits for the last few years had been crypto coin mining. Do you have a source for this statement? Crypto currency demand is not the
by lajhsdfkl 8y ago
> the driver of NVidia profits for the last few years had been crypto coin mining.
Do you have a source for this statement? Crypto currency demand is not the "driver" of Nvidia profits.
- ChuckMcM 8y ago“We’re sold out of many of our high-end SKUs, and so it’s a real challenge keeping [graphic cards] in the marketplace for games,” he said, adding “At the highest level the way to think about that is because of the philosophy of cryptocurrency — which is really about taking advantage of distributed high-performance computing — there are supercomputers in the hands of almost everybody in the world so that no singular force or entity that can control the currency.” -- https://techcrunch.com/2018/03/27/nvidia-ceo-comments-on-gpu-shortage-caused-by-etherium/ https://techcrunch.com/2018/03/27/nvidia-ceo-comments-on-gpu... It is the mining of crypto currency that anyone can do in their garage and maybe mine a bitcoin worth thousands or some other coin of the day.
- sireat 8y agoAgain, Nvidia only became a real option for serious crypto miners in the last 18 months. Until then anyone doing cost/profit analysis would have gone with AMD cards. When Bitcoin was worth mining on GPU (ie 2011), AMD cards were much better suited than Nvidia cards. It was about 2x difference for cards costing the same amount.