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alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 14 hours ago

Class action alleges Nvidia hid more than $1B crypto-GPU income within its gaming revenues — investor lawsuit concerns business spanning 2017 and 2018

www.tomshardware.com

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Class action alleges Nvidia hid more than $1B crypto-GPU income within its gaming revenues — investor lawsuit concerns business spanning 2017 and 2018

www.tomshardware.com

alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 14 hours ago
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A statement we received from Nvidia suggests that investors should be happy as shares have still ‘done incredibly well.’
  • Quetzalcutlass@lemmy.world
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    12 hours ago

    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).

    • wholookshere@piefed.blahaj.zone
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      12 hours ago

      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

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