2 ms·
There’s been prevalent rumors in the gaming community that nvidia sold complete graphics cards to mining operations. A lot of times its waived off as the board
by 7speter 4y ago
There’s been prevalent rumors in the gaming community that nvidia sold complete graphics cards to mining operations. A lot of times its waived off as the board partners (Asus, MSI, Zotac, etc) and not nvidia but nvidia does sell reference (they call them founders edition) cards. Also there was this big thing in december where there were rumors of a 12gb 2060 design that would alleviate gamer demand but it turned out the whispers that came out of the rumor mill itself a week before the release was that those gpus were made with the top priority of going to miners and not gamers. When examples of those cards came to market they were going for ~750 dollars in january, but now nvidia and board partners seemingly have pie in their face with those cards rotting on shelves at microcenters for $389 (the 2060 is a previous generation card and its original msrp was 329 in 2019).
The sec may be starting an investigation from the top down to see if nvidia had any involvement in what they are accusing them of and will see what degree of complicity they and board partners had in all of this.
Anyways I’m jumping the gun a bit there but there are distinct differences between cards for typical consumer uses (gaming, and video and machine learning workflows) and mining, and mining was a big part of the reason why prices were insane (a 3070ti which can now be found on sale for 699 was going for 1900+ dollars on amazon at ethereums peak) since January of last year until the recent gradual descent in prices.