Computer chip manufacturer Nvidia’s move into crypto mining hardware has proved to be a profitable one, with the company bringing in $155 million in revenue from its Crypto Mining Processor (CMP) cards in the last quarter.
In the company’s earnings update on Wednesday, Nvidia revealed that it expected sales of CMPs to reach as high as $400 million in the current quarter. Despite these figures, CEO Jensen Huang insisted that the company’s core business is in PC gaming hardware. He hopes crypto miners will stick to Nvidia’s CMP products rather than its GeForce gaming GPUs.
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PC gamers and crypto miners have found themselves competing for the limited supply of Nvidia’s GeForce graphics cards, which are designed for high-end graphics processing in PC games but can also be used to mine cryptocurrencies such as Ethereum.
“What we hope is that the CMPs will satisfy the miners and will stay in the professional mines,” Huang said, addi
Źródło: https://decrypt.co/72063/nvidia-made-155-million-crypto-mining-chips-last-quarter
