Miners scramble for RTX graphics cards, NVIDIA makes big money in Q4: Strongest in three years

In the past few days, everyone has witnessed the madness of Bitcoin. The price just broke through 30,000 US dollars in just two days, and it has reached 38,000 US dollars tonight. The price of Ethereum has also exceeded 1,200 US dollars. The digital currency market is too hot.

With the surge in digital currency, the mining card market has returned to the spotlight, and NVIDIA has also become a beneficiary. In recent times, both the RTX 30 series and RTX 20 series graphics cards have been snatched up by foremen. The RTX 3080 graphics card has been on the market for three months, but it has not yet been sold on the spot, and the price of 5,499 yuan is even more of a bubble.

Under such circumstances, Wall Street analysts believe that NVIDIA's performance in the fourth quarter of fiscal year 2021 (from November last year to January this year) will be very impressive, with revenue expected to increase by 58%, which will be the strongest revenue quarter in three years.

The last time revenue was this strong was in the January 2018 quarter, when the price of Bitcoin reached its peak, but it was less than $20,000, only half of today's price, not to mention the price of Ethereum.

NVIDIA's official attitude towards mining cards has always been very cautious, especially after the mining card crash in early 2018, NVIDIA has treated it normally and no longer promoted mining cards. However, they will not do so if foremen normally buy graphics cards for mining, and it is impossible to stop them. After all, there is no need to register your purpose when buying the card.

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