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alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 2 months 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 · 2 months ago
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A statement we received from Nvidia suggests that investors should be happy as shares have still ‘done incredibly well.’
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  • Quetzalcutlass@lemmy.world
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    2 months ago

    They’re complaining that the revenue was filed under gaming, but crypto miners bought gaming GPUs. How would Nvidia have possibly been able to separate those purchases from regular gamers?

    • wholookshere@piefed.blahaj.zone
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      2 months ago

      Gamers don’t order pallets

      • Quetzalcutlass@lemmy.world
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        2 months 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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          2 months 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

    • Arcane2077@sh.itjust.works
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      2 months ago

      You are forgetting that nvidia released, and continually resupplied (during a ‘drought’), MINER-ONLY DISPLAY-PORT-LESS cards for MINERS AND NON-GAMERS EXCLUSIVELY.

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