Nvidia estimates $150M in revenue from new crypto mining product in Q1 of 2022 fiscal year

posted 24 days ago
Computing hardware maker Nvidia is projecting as much as $150 million in revenue for its crypto mining-specific product line during the first quarter of the firm's 2022 fiscal year.

The $150 million revenue estimate was included in an April 12 release, which came months after the firm confirmed that it would produce and sell so-called Cryptocurrency Mining Processor or CMPs. That move in February came as the firm responded to its gamer customer base's outcry over GPU supplies being snapped up by crypto miners once they hit the market.
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