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Nividia can't just suddenly decide to keep cards for themselves for mining, they have pre arranged agreements to fulfil with their partners. Pivoting and creat
by qqii 6y ago
Nividia can't just suddenly decide to keep cards for themselves for mining, they have pre arranged agreements to fulfil with their partners.
Pivoting and creating a mining division also doesn't make sense - mining companies take on a lot more risk from volatile market prices and need to have a lot more cash on hand to sustain the long periods of unprofitability.
- mullingitover 6y agoSure, I'm not saying nvidia would just decide to stop shipping tomorrow. However, if crypto is really viable and long-term profitable, it wouldn't make a ton of sense for them to give their potential competitors (e.g. anyone else who wants to mine) capital equipment at what would amount to a loss. They could subcontract the operation of the mining equipment to third parties so they make a profit immediately selling the mining hardware, and skim as much mining profit as possible while their subcontractors assume all the risk. (Just using nvidia as an example, but this model would work well for anyone making hardware that's capable of mining at scale).
- qqii 6y agoI'm sure they already have such agreements, but little is know about them as that would upset their target market. https://www.tweaktown.com/news/76468/cant-buy-new-ampere-gpu-thats-because-nvidia-sold-them-to-miners/index.html https://www.tweaktown.com/news/76468/cant-buy-new-ampere-gpu... > if crypto [mining] is really viable and long-term profitable This is still a big if, with the most profitable gpu mining crypto moving to proof of stake in the next few years it's unclear if gpu mining will be as viable.