https://www.barrons.com/articles/nvidia-look-out-here-comes-…
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Thanks for the heads up, I’ve added them to my deep-dive on Nvidia.
After some digging, it appears their reputation is … somewhat suspect, for example:
https://www.cryptocompare.com/mining/bitmain/
https://www.facebook.com/pg/Bitmain/reviews/
There are other review sites of course. And Bitmain also have a dual role as bitcoin miners and vendors of bitcoin mining hardware.
The big question of course is how much impact Crypto had on Nvidia’s top-line? Any ideas?
cheers
Greg
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“The big question of course is how much impact Crypto had on Nvidia’s top-line? Any ideas?”
For what it’s worth I made a guesstimate on NPI. For FY 2018 gaming revenue was $5.6B.
Most claims are for crypto mining to be somewhere in the low to mid single digits of total gaming revenue. For the guess I used 7%. That’s $390 million in crypto sales. NVDA has a healthy 31% profit margin so that comes to roughly $120M in profits.
Could be a little less could be a little more but that should ballpark it.
For reference total FY18 revenues were $9.7B and net income was $3.05B.
Darth
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I thought that Ethereum mining was designed to create new obstacles for ASIC’s, so that you needed more generalized hardware (e.g., Nvidia GPU’s).
For example:
https://ethereum.stackexchange.com/questions/16811/is-ethere…
More of the mining risk would be from miners giving up and selling their video cards (which would compete with sales of new cards), if the cryptocurrency market tanks. But mining tends to put a lot of wear on cards, so a lot of people wouldn’t necessarily want to buy them.