They’re complaining that the revenue was filed under gaming, but crypto miners bought gaming GPUs. How would Nvidia have possibly been able to separate those purchases from regular gamers?
You are forgetting that nvidia released, and continually resupplied (during a ‘drought’), MINER-ONLY DISPLAY-PORT-LESS cards for MINERS AND NON-GAMERS EXCLUSIVELY.
Neither did many of the miners. There was pretty famously a near-universal shortage of GPUs for several years because crypto miners were buying so many cards - online, direct from the manufacturer, even big box stores; they drained them all. Most of those would be indistinguishable from a normal purchase (a lot of miners only bought one or two cards; there were just a lot of crypto bros looking to get rich).
This is fairly analogous to banks looking the other way at money laundering.
It points to the need for either more strict reporting and purchasing controls within the firm or more regulation.
Banks have tightened their internal policies to avoid more active government intervention to reduce money laundering.
Investors will get the analogy. A bank that let money laundering go unchecked and is facing scrutiny and a need to change protocols would see an adverse reaction from investors. No reason why Nvidia would not experience the same.
They’re complaining that the revenue was filed under gaming, but crypto miners bought gaming GPUs. How would Nvidia have possibly been able to separate those purchases from regular gamers?
You are forgetting that nvidia released, and continually resupplied (during a ‘drought’), MINER-ONLY DISPLAY-PORT-LESS cards for MINERS AND NON-GAMERS EXCLUSIVELY.
Gamers don’t order pallets
Stores do. Nvidia likely thought it wasn’t going to get looked at.
Neither did many of the miners. There was pretty famously a near-universal shortage of GPUs for several years because crypto miners were buying so many cards - online, direct from the manufacturer, even big box stores; they drained them all. Most of those would be indistinguishable from a normal purchase (a lot of miners only bought one or two cards; there were just a lot of crypto bros looking to get rich).
Except nivdia was prioritizing crypto sales
https://www.tweaktown.com/news/76468/cant-buy-new-ampere-gpu-thats-because-nvidia-sold-them-to-miners/index.html
Sure a number were sold through gaming distribution handles, but that was more scalpers than crypto I suspect.
All the crypto farms were buying in bulk
Wholesalers who cater to gamers would
Sure, but I’m talking about
https://www.tweaktown.com/news/76468/cant-buy-new-ampere-gpu-thats-because-nvidia-sold-them-to-miners/index.html
This is fairly analogous to banks looking the other way at money laundering.
It points to the need for either more strict reporting and purchasing controls within the firm or more regulation.
Banks have tightened their internal policies to avoid more active government intervention to reduce money laundering.
Investors will get the analogy. A bank that let money laundering go unchecked and is facing scrutiny and a need to change protocols would see an adverse reaction from investors. No reason why Nvidia would not experience the same.