In a nutshell: Nvidia has revealed that around $100-$300 one thousand thousand of its revenue in Q4 was from sales to cryptocurrency miners, and it expects the new crypto mining processor (CMP) line will generate around $l million during the first quarter of FY 2022.

In its Q4 and fiscal 2022 earnings report, Nvidia posted a record $5 billion in quarterly revenue, up 61 percent twelvemonth-over-twelvemonth and reaching cyberspace earnings of $1.475 billion. The company's gaming segment accounted for $two.5 billion of that revenue.

Nvidia estimates that crypto mining sales brought in between $100 million and $300 meg. CFO Colette Kress says that'southward the best estimate as it tin can't accurately track the end-utilise of GPUs that are sold to card manufacturers, so the actual figure is likely to be higher.

"We doubtable that the significant increase in the Ethereum hash rate observed over the past few months was driven past a combination of previously-installed mining chapters that was reactivated, likewise as news sales of GPUs and ASICs," said Kress.

Nvidia has curtailed the Ethereum mining abilities of its upcoming RTX 3060 to brand the carte less appealing to miners. It'southward besides hoping the new CMP line will assist ease Ampere's electric current availability issues. It expects CMP card sales to bring in $50 million during the first quarter of the year. The global chip shortage is withal going to be problem, of course, one that'due south predicted to terminal into adjacent yr.

The company suggested information technology doesn't expect to run across any cryptocurrency crash as we saw in January 2022, when Bitcoin fell by 65 pct in 4 weeks.

"Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power," Kress added. "CMP products will let us proceeds some visibility into the contribution of cryptomining to our overall acquirement."

CEO Jensen Huang says if there is a crypto crash, we won't see 2nd-hand graphics cards flood the market similar we did last time equally most miners will hang on to their cards until prices ameliorate again—at least that's what Nvidia hopes. If you do purchase an ex-mining card, expect its gaming operation to have been impacted. But information technology might just need a little maintenance to get those fps dorsum.