Nvidia asks retailers to stop selling gpu's to miners

[Paranoid Kami]

20 minutes ago, sarfraz said:

This news is good for gamers. 

 

Boris Böhles – NVIDIA ( Translated from German to English )
“For NVIDIA, gamers come first. All activities related to our GeForce product line are targeted at our main audience. To ensure that GeForce gamers continue to have good GeForce graphics card availability in the current situation, we recommend that our trading partners make the appropriate arrangements to meet gamers’ needs as usual. “

 

Complete article:- https://wccftech.com/nvidia-instructs-retailers-stop-selling-miners-sell-gamers/

 

Might want to put this quote in the first post so people understand the reason why they're doing this.

 

Quote

History has shown us what happens when the cyrpto market crashes, or mining no longer becomes as profitable.  Miners end up dumping all of their hardware in the gray market for pennies on the dollar and gamers end up picking these used cards instead of giving their business to the GPU manufacturers like NVIDIA and AMD.

The sudden surge of hundreds of thousands of cards in the used market ends up reeking havoc on the market and instead of a severe supply shortage the balance tips to a huge surplus. To the point where the GPU manufacturer is unable to sell their inventory and end up having to write it off, like AMD did back in 2014.

 

[mr moose]

3 minutes ago, AshleyAshes said:

It really isn't 'Fucking Stupid', you're just short sighted.  In the short term, sure, sales are sales as far as nVidia is concerned.  But large companies like this aren't purely operating in the short term, they are running a long game and building their brand names and the recognition of those brands is critical to that.

Mining eating up sales and making GPU units more scarce can and will push consumers to other options.  Since AMD is also getting hit, the most likely move is to NOT upgrade at all.  This leads to game devs considering 'the state of the market's hardware' and if it's been stunted, they won't develop games to better utilize next generation hardware because too few are buying into that hardware.  So a year or two from now you could have your flagship 'GTX 1180' or 'GTX 1280' that too few own.  So now you have the demand from mining dropping off and consumers are like 'Should I upgrade to the NEW GPU now that it's affordable?' and so many people and tech channels and everything else will be all 'Probably not, game GPU demand has patented for three years.  Your 3 year old GPU is basically just as good as it was new.  Maybe wait another year for devs to get more aggressive again?'  A scenario like that, in the long term, is BAD for the plan.  ...You just have to think beyond 'right now' before you declare it 'fucking stupid'.

 

Gamer's aren't a pinch on nvidias total revenue.  Life will go on regardless of what the mining craze does.  For now it is making it really expensive to game, but it won't make a difference to their sales or to games in the future.

[PlayStation 2]

Damn, this forum really hasn't changed one bit since I left.

[Drak3]

4 minutes ago, Hiya! said:

I liked to buy 4 Rx 580.

Are u a miner sir?

No i am not.

$1950 in total enjoy your 4way crossfire.

Thank you.

I never said the customer couldn't lie.

[NvidiaIntelAMDLoveTriangle]

8 minutes ago, Hiya! said:

The problem is.

How did u knew which are miner and which are not?

You ask nicely.

 

[AshleyAshes]

3 minutes ago, mr moose said:

Gamer's aren't a pinch on nvidias total revenue. 

What are you talking about?  Gaming is literally 50% of nVidia's revenue:

 

 

https://wccftech.com/nvidia-second-quarter-2017-fy-18-analysis/

[Canada EH]

8 minutes ago, Drak3 said:

You ask.

and they lie

[Drak3]

Just now, Canada EH said:

and they lie

Man... if only the scroll wheel was a thing that existed.

[Canada EH]

Just now, Drak3 said:

Man... if only the scroll wheel was a thing that existed.

Too many calories expended, sowwy

[Hiya!]

1 minute ago, NvidiaIntelAMDLoveTriangle said:

You ask nicely.

 

 

Just now, Canada EH said:

and they lie

 

Quote

 

I liked to buy 4 Rx 580.

Are u a miner sir?

No i am not.

$1950 in total enjoy your 4way crossfire.

Thank you.

 

 

[Canada EH]

8 minutes ago, Clem Fandango said:

This is how BS spreads around the internet. One fake news link to another, then another.....

Welcome to the internet. Cant trust major news organizations either. I laugh at Simone on CNN, lolololololol

[mr moose]

4 minutes ago, AshleyAshes said:

What are you talking about?  Gaming is literally 50% of nVidia's revenue:

 

 

https://wccftech.com/nvidia-second-quarter-2017-fy-18-analysis/

https://www.forbes.com/sites/aarontilley/2017/09/15/nvidias-most-valuable-business-is-hidden-in-its-financials-says-analyst/#296654d9624e

 

what the data actually means

 

[NvidiaIntelAMDLoveTriangle]

4 minutes ago, AshleyAshes said:

What are you talking about?  Gaming is literally 50% of nVidia's revenue:

 

 

https://wccftech.com/nvidia-second-quarter-2017-fy-18-analysis/

Well now miners are 100% of their business.

[Clem Fandango]

Anyone would think they need the money

[Hiya!]

2 minutes ago, NvidiaIntelAMDLoveTriangle said:

Well now miners are 100% of their business.

GTX 1060/1070/1080/ti are a gaming card.

Bought by miners

Resulting in Gaming become 50% of nVidia's revenue?

Nope

2 minutes ago, mr moose said:

https://www.forbes.com/sites/aarontilley/2017/09/15/nvidias-most-valuable-business-is-hidden-in-its-financials-says-analyst/#296654d9624e

 

what the data actually means

 

Yes i mean why would u reveal your real financial data to the public?

[Drak3]

1 minute ago, Hiya! said:

Yes i mean why would u reveal your real financial data to the public?

Legal requirement.

[AshleyAshes]

2 minutes ago, mr moose said:

https://www.forbes.com/sites/aarontilley/2017/09/15/nvidias-most-valuable-business-is-hidden-in-its-financials-says-analyst/#296654d9624e

 

what the data actually means

 

Uhh...

 

Quote

as much as 10% of Nvidia's reported gaming business is being used for data center infrastructure.

...Did you READ this article before posting it?   The rest of the article talks about company valuation, which is relevant to investors, but we're talking about REVENUE.

[Clem Fandango]

Well at least NVIDIA can get more $'s now they've told data centres they can't use GTX cards, except for mining that is!!!

 

Nvidia has banned the use of its GeForce and Titan gaming graphics cards in data centers – forcing organizations to fork out for more expensive gear, like its latest Tesla V100 chips.

https://www.theregister.co.uk/2018/01/03/nvidia_server_gpus/

[Guest]

The police have asked murders to stop murdering.

No murders since then. I have high hopes.

[mr moose]

2 minutes ago, AshleyAshes said:

Uhh...

 

...Did you READ this article before posting it?   The rest of the article talks about company valuation, which is relevant to investors, but we're talking about REVENUE.

Oh no.  I did use the word revenue.

[RagnarokDel]

37 minutes ago, Canada EH said:

How do they know who is a miner and who is not a miner?

It is just FAKE NEWS!

for a starter, if someone is buying 10 1080 ti, they're likely a miner.

[Rune]

38 minutes ago, Drak3 said:

PR move. Nothing more.

Wouldn't be so sure. We just effectively banned miners from our store today. Didn't even hear about this until now.

[Hiya!]

2 minutes ago, Drak3 said:

Legal requirement.

Thats rubbish drak3 they can cover their mouth with money which probably what they always does.

 

The point is theres no way they would do that and its impossible to achieve it.

Its just a statement to make gamers feels better.

 

[Derangel]

39 minutes ago, Canada EH said:

How do they know who is a miner and who is not a miner?

It is just FAKE NEWS!

Umm, no it isn't. Its a PR stunt, but let's not bring retarded bullshit like "fake news" into things. Political bullshit does not belong. Nvidia said it, therefore it is real. Them not being able to enforce it (especially because retailers won't care) does not make it "fake news", it just makes it a PR stunt.

[Drak3]

Just now, Rune said:

Wouldn't be so sure. We just effectively banned miners from our store today.

Until next week.

 

1 minute ago, Hiya! said:

Thats rubbish drak3 they can cover their mouth with money which probably what they always does.

They don't have to go into every detail, but legally, Nvidia can't fudge the numbers that they publish.