{"id":155320,"date":"2021-01-15T16:22:19","date_gmt":"2021-01-15T13:22:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/gamers-are-still-nvidias-masters-but-ether-miners-could-change-that\/"},"modified":"2021-01-15T16:22:19","modified_gmt":"2021-01-15T13:22:19","slug":"gamers-are-still-nvidias-masters-but-ether-miners-could-change-that","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/gamers-are-still-nvidias-masters-but-ether-miners-could-change-that\/","title":{"rendered":"# Gamers are still Nvidia\u2019s masters, but Ether miners could change that"},"content":{"rendered":"

“# Game<\/a>rs are still Nvidia\u2019s masters, but Ether miners could change that <\/strong>”
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Gaming hardware giant Nvidia has addressed the ongoing shortage of its new RTX 3000 product line after high demand from gamers, and to a lesser extent, cryptocurrency miners, pushed up prices and cut availability.<\/p>\n

Nvidia chief financial officer Colette Kress said the company didn\u2019t have good visibility into how much demand came solely from cryptocurrency miners, but she doesn\u2019t believe it\u2019s a big part of the business at this time. <\/p>\n

That\u2019s despite reports of some Ether (ETH) miners constructing rigs comprised of 78 of Nvidia\u2019s Geforce RTX 3080 graphics cards, estimated to net their owner profits of $122,000 per year.<\/p>\n

Kress did suggest that any future spikes in demand from miners could present a good opportunity to restart the company\u2019s CMP product line. CMP refers to a range of Nvidia graphics cards created specifically for cryptocurrency mining, which ship without the display outputs unnecessary for the task in question.<\/p>\n

Speaking at the 19th Annual J.P. Morgan Tech\/Auto Forum Conference on Jan. 12 via Seeking Alpha<\/a>, Kress told<\/a> an audience of investors that should the firm observe any demand from would-be miners, they would consider manufacturing more mining-specific graphics cards. <\/p>\n

\u201cSo, in summary, if crypto demand begins or if we see a meaningful amount, we can also use that opportunity to restart the CMP product line to address ongoing mining demand,\u201d said Kress.<\/p>\n

The chief financial officer believes the majority of demand still comes from a primarily gaming-focused user base, adding that gaming demand alone outpaced the company\u2019s supply capacity.<\/p>\n

Kress said cryptocurrency mining was one of the many unique app<\/a>lications resulting from the programmable nature of Nvidia\u2019s cards, and one that had helped drive market growth in the past:<\/p>\n

\u201cYes. So, cryptocurrency is interesting. So GPUs, as you know, have been programmable for many, many years, and it allows a constantly discovering capability for new applications to use the overall GPUs, and that has driven our overall growth in the market. Cryptocurrency mining is one of those such applications.\u201d<\/p><\/blockquote>\n

According to Kress, Nvidia\u2019s supply capacity would remain diminished until at least the start of Q2, and revenues are expected to remain flat until that time.<\/p>\n