GPU stock could struggle until 2022, but that hasn't stopped Nvidia from pulling in record numbers in its final quarter of the year. During a recent earnings call (via Seeking Alpha), the company revealed it has made over $5 billion in Q4, which is a 61% increase over last year's $3.11 billion - half of which is attributed to its gaming division, and between $100 million and $300 million came from cryptocurrency miners.
Nvidia's made no secret that “GeForce is made for gaming,” recently nerfing the RTX 3060 to perform worse when cryptocurrency mining software is detected by reducing the hash rate by half. The purpose of this is to shift miners onto its optimised CMP (Cryptocurrency Mining Processor) range in the near future, potentially alleviating the demand put on ordinary graphics cards and replenishing stock.
By saying that this effort to maximise the supply of GeForce GPUs begins by "starting with the 3060" (emphasis ours), CFO Collete Kress hints that these kinds of restrictions could eventually be applied to other graphics cards in Nvidia's RTX 30 series.
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