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Nvidia has made almost $300 million on miners

10 May 2018 21:00, UTC

How much has Nvidia made on miners? $289M. But this is going to change in the future, as stated by the CEO of this vast consumer electronics corporation. Jen-Hsun Huang once again has made it clear that gamers are losing in this situation, as miners buy out all chips from stores.

This statement has been made at the conference call, while the numbers have become known to public thanks to the documents published by the company. Interesting to note that this is the first time ever the press gets to see the crypto revenue of Nvidia.

The rivaling company AMD has probably benefited from Ethereum miners, but both companies stated in the past that miners were not their primary source of income. Managers of Nvidia have even recommended to give more video cards to gamers and less to miners.

26-04-2018 00:00:00  |   News

Another conference call of the leadership of Samsung has recently indicated that the revenue which resulted from the mining chips enterprise was profitable. This may instill a positive attitude towards mining from some new hardware companies.