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by paulmd
1950 days ago
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> As far as Nvidia is concerned they are selling as many units as they can produce, so it is a gold rush for them. It actually is not, because those cards sold to miners don't just magically vanish, when crypto prices finally fall the miners will flood the market and the prices for new cards will have to be depressed as a result. Mining sales should largely be thought of as a "pull-forward", they represent revenue that you're not going to make in some future quarter when everyone is buying used miner cards for 40% under MSRP. And NVIDIA themselves don't crank the chip price for OEMs (all of that was locked in a year ago) so they aren't making more money in the short term to make up for it. That is specifically what NVIDIA is trying to address here by banning mining on gaming cards and creating mining-specific cards that can't be gamed on. Now cards that are sold for mining can't flood back and hit their future revenue in the gaming market. |
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