Nvidia Expects to Finish Selling Leftover Inventory From Crypto Bear Market by Q1 2019

Nvidia Expects to Finish Selling Leftover Inventory From Crypto Bear Market by Q1 2019
фото показано с : cointelegraph.com

2019-3-21 22:28

Nvidia expects to complete sales of excess inventory previously slated for crypto mining by the end of Q1 2019 and shake off its “crypto hangover”

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crypto nvidia 2019 inventory expects mining hangover

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Фото:

Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand

Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone.

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NBA Group Mines Ethereum

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