Nvidia earned on miners 289 million dollars in three months

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2018-05-12 17:30:06

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Nvidia earned on miners 289 million dollars in three months

In March, the us developer and manufacturer of graphics accelerators Nvidia about the increase in the production of video. The reason was the high demand for the device from the side of the miners are gamers simply are not enough video cards or their prices were too high because of the shortage.

Now, the company revealed sales of equipment for mining cryptocurrency. In the first quarter of 2018 earned on Nvidia miners 289 million $ 89 million more than analysts ' forecasts. About it writes .

the

How to make money on mining. Example Nvidia

the Company has reached its target thanks to strong demand for graphics accelerators, said Nvidia.

because of the high demand in the first quarter, the price of video cards has grown. This led to the fact that not all gamers could buy a GeForce, however, revenue rose.

the company expects that the demand for equipment for mining in the third quarter will fall by a third. Why such a negative Outlook, Nvidia is not known. The total amount of revenue of the manufacturer of the graphics cards in the first quarter was $ 3.2 billion — 66 percent more than the same period last year.

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