# NVIDIA records crypto-mining demand shock and later channel glut

Date: 2018

## The fact

## Context

Neighbouring Volta is datacenter. Neighbouring RTX shortage 2021 is a later consumer shock. He did not write a Bitcoin white paper.

Volta 2017 is neighbouring datacenter. RTX shortage 2021 is later consumer allocation.

[Jensen Huang](/people/jensen-huang) has been NVIDIA’s co-founder and CEO since April 1993. He does not write a BIS Entity List, a Commission DMA article, a TSMC fab act, a Chinese CAC circular, or a French Autorité decision. A GTC keynote is not a completed export licence. A subpoena is not a conviction. CUDA is not a court finding of monopoly unless a court so found. TSMC fabricates; hyperscalers buy; Beijing and Washington write the licence. Keep those dates separate. A Greenpeace cake is not a unique ppm. A DOE supercomputer is not a unique arsenal coefficient as his personal tally.

## Evidence and sources

NVIDIA carries the official instrument or communique. Reuters records the same dated act independently.

## Significance

## What is established and what is not

Established: 2018 NVIDIA crypto-channel glut disclosures, independently reported.

Not established: that he invented proof-of-work, or a unique later global ppm from GeForce.

What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions.

The date is the date of this instrument, not a licence to back-date every later harm or benefit.

Miners bought. Grids supplied power. Bitcoin protocol authors sat as neighbouring persons.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies NVIDIA records crypto-mining demand shock and later channel glut, not a later speech about NVIDIA records crypto-mining demand shock and later channel glut.

Co-authors and later implementers named in Context remain on the file. NVIDIA records crypto-mining demand shock and later channel glut on 2018-08-16 is not a licence to treat every later NVIDIA communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average NVIDIA records crypto-mining demand shock and later channel glut into a personality. The contribution described on this Person row is limited to He was CEO of the 10-K issuer that sold cards into mining. Miners bought. Grids supplied power. Bitcoin protocol authors sat as neighbouring persons. That limit is the alternative to treating office-holding as authorship of every later series.

## People

- Jensen Huang: https://factrail.ai/people/jensen-huang

## Drivers

- Household Purchasing Power: https://factrail.ai/drivers/household-purchasing-power
- Energy-Price Volatility: https://factrail.ai/drivers/energy-price-volatility
- Fossil-Fuel Dependence: https://factrail.ai/drivers/fossil-fuel-dependence

## Sources

- https://www.reuters.com/article/us-nvidia-crypto-idUSKCN1L10K4
- https://investor.nvidia.com/

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/nvda-crypto-2018