Bitcoin Forum
November 18, 2018, 12:53:10 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-05-13]Nvidia Has Revealed Its Total Profit from Crypto Sales for Q1  (Read 19 times)
Vladdirescu87
Sr. Member
****
Offline Offline

Activity: 728
Merit: 261



View Profile WWW
May 13, 2018, 07:40:17 PM
 #1

For the first time, the US-based technology company Nvidia has disclosed that it gained $289 million from the sale of company’s products, namely chips, to representatives of the cryptocurrency market in its first quarter. It also predicts much smaller revenue in the next quarter.

“Crypto miners bought a lot of our GPUs in the quarter and it drove prices up. I think that a lot of gamers weren’t able to buy into the new GeForce as a result,” Nvidia’s CEO Jensen Huang said on a conference call.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/nvidia-revealed-profit-from-crypto-sales/



░░░░░░▄▄█▀▀▀▀▀▀▀▀█▄▄

░░░░▄█░░▄▄▄▄▄▄▄▄▄▄░░█▄
░░▄█░░▄█░░░░░░░░░█▄░░█▄
░░▄█░░░░▄███▄░░░░░█▄░░
░░░░░░░░░░░░░░░░░
░░░░░░░░█▄░░░░░░░
░░░░░░░░██░░░░░░░░░
░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░
░░▀█░░░░▀███▀░░░░░█▀░░
░░▀█░░▀█░░░░░░░░░█▀░░█▀
░░░░▀█░░▀▀▀▀▀▀▀▀▀▀░░█▀
░░░░░░▀▀█▄▄▄▄▄▄▄▄█▀▀
[Facebook] •--»  DECOIN  «--• [Bounty]
[World's leading Cryptocurrency Exchange and Trading Platform]
ANN Telegram Whitepaper Twitter
1542502390
Hero Member
*
Offline Offline

Posts: 1542502390

View Profile Personal Message (Offline)

Ignore
1542502390
Reply with quote  #2

1542502390
Report to moderator
1542502390
Hero Member
*
Offline Offline

Posts: 1542502390

View Profile Personal Message (Offline)

Ignore
1542502390
Reply with quote  #2

1542502390
Report to moderator
1542502390
Hero Member
*
Offline Offline

Posts: 1542502390

View Profile Personal Message (Offline)

Ignore
1542502390
Reply with quote  #2

1542502390
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1542502390
Hero Member
*
Offline Offline

Posts: 1542502390

View Profile Personal Message (Offline)

Ignore
1542502390
Reply with quote  #2

1542502390
Report to moderator
1542502390
Hero Member
*
Offline Offline

Posts: 1542502390

View Profile Personal Message (Offline)

Ignore
1542502390
Reply with quote  #2

1542502390
Report to moderator
1542502390
Hero Member
*
Offline Offline

Posts: 1542502390

View Profile Personal Message (Offline)

Ignore
1542502390
Reply with quote  #2

1542502390
Report to moderator
laredo7mm
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile WWW
May 13, 2018, 08:40:21 PM
 #2

Title is a little bit misleading - it's suggesting that NVIDIA is selling cryptocurrencies ("crypto sales"). I know it's meant profit from sales of GPUs for crypto mining.
289M out of 1.65B which was total income, is still only 17.5% which is not that surprising.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!