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NVIDIA says crypto profits are drying up and that is a good thing for us enthusiasts and gamers. And not drying up just a little, a whole lot of drying up is going on. On the flip side of this coin we see that TSMC, who makes a lot of NVIDIA chips, is seeing a pickup in mining ASIC orders. That all said, I would highly advise against buying used GPUs on eBay and the likes of other sites. Get your used GPU from someone in FSFT that has a good trading record.
Nvidia said cryptocurrency specific revenue plunged to $18 million in the second-quarter from $289 million in the preceding quarter, and was well below the $100 million the company had expected. “We had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward,” Nvidia said.
Nvidia said cryptocurrency specific revenue plunged to $18 million in the second-quarter from $289 million in the preceding quarter, and was well below the $100 million the company had expected. “We had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward,” Nvidia said.