In 2017, ETH rose from $10 to $800, driving demand for Nvidia graphics cards.
that it did not properly inform investors about how cryptocurrency miners were stoking demand for its graphics cards.
The settlement represents the end to a saga in which Nvidia, best known for making graphics cards for gaming, found itself with a surprise revenue boost from cryptocurrency miners which later declined to become immaterial. Nvidia declined to comment.. In 2017, ether prices rose from under $10 to over $800, prompting miners to buy new hardware to cash in.
Nvidia was aware that cryptocurrency mining was driving part of its business, according to the SEC filing.
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