Nvidia cannot stop partners selling to miners

Stefan Mileschin · 24th January 2018, 19:13

But will sure try

It was cute to see everyone covering the fact that Nvidia is up in arms against (r) etailers who are selling to miners. Unfortunately, there is hardly anything Nvidia can do to stop the trend.

Back in summer time I had a conversation with some key people at the Geforce division at Nvidia about the crypto market. The market was hungry and desperate for any Radeon and Geforce mainstream cards or better. They were simply great for Ethereum and a few other smaller crypto currencies. Little guys, people in their homes, realized they could make some extra money. Big guys buy the MXM cards or custom GPU solutions and build huge farms in Russia or Iceland.

With Bitcoin and Ethereum jumping almost on a daily base, there was suddenly a huge spike in demand for GPUs. A wise man from Nvidia said that this won’t be good for the gaming market as it will create a huge jump in pricing and distributors will become like rock stars, selling the cards at a saucy premium.

http://fudzilla.com/news/graphics/45...sell-to-miners

24th January 2018, 19:13	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,597	Nvidia cannot stop partners selling to miners But will sure try It was cute to see everyone covering the fact that Nvidia is up in arms against (r) etailers who are selling to miners. Unfortunately, there is hardly anything Nvidia can do to stop the trend. Back in summer time I had a conversation with some key people at the Geforce division at Nvidia about the crypto market. The market was hungry and desperate for any Radeon and Geforce mainstream cards or better. They were simply great for Ethereum and a few other smaller crypto currencies. Little guys, people in their homes, realized they could make some extra money. Big guys buy the MXM cards or custom GPU solutions and build huge farms in Russia or Iceland. With Bitcoin and Ethereum jumping almost on a daily base, there was suddenly a huge spike in demand for GPUs. A wise man from Nvidia said that this won’t be good for the gaming market as it will create a huge jump in pricing and distributors will become like rock stars, selling the cards at a saucy premium. http://fudzilla.com/news/graphics/45...sell-to-miners

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