3 ms·
No they don't have requirement to know. But if they do know what their GPUs are used for and then they say something else, that's a problem. And that's what th
by philipwhiuk 5y ago
No they don't have requirement to know.
But if they do know what their GPUs are used for and then they say something else, that's a problem. And that's what the SEC has a problem with here.
- philipwhiuk 5y agoThey probably should have said something like: x units were sold from our gaming line of products, however market research indicates y % of them are likely being used for cryptomining.
- singlow 5y agoI don't think it is even that important whether they specifically enumerate the destination of the cards. The important thing is that they should create an honest projection and risk assessment. When they present their earnings statement they need to indicate not only how much they sold but how much they expect to sell in the future. If they knew that a large portion of cards were going to cryptominers then they need ed to indicate the potential difference in growth stability between those sales and the normal consumer sales.