Mindao|11月 12, 2026 17:13
Nvidia's history with the cryptocurrency world is quite complex.
In 2017, Ethereum mining drove up graphics card demand, with the cryptocurrency sector contributing over 15% of Nvidia's overall sales. At its peak, cryptocurrency accounted for over 20% of Nvidia's gaming card sales. OEMs were even more direct, directly investing in mining farms and turning unsold inventory into huge profits.
CoreWeave, now the world's largest AI neocloud, was originally an Ethereum miner, Atlantic Crypto. Initially, it relied on buying Nvidia GTX cards for mining; after the cryptocurrency crash, it transitioned to selling computing power, eventually becoming a darling of Nvidia.
In China, Magic Square also started accumulating graphics cards early on (buying a large number of used mining cards), progressing from quantitative trading to DeepSeek. The cryptocurrency world and AI have intersected in a strange and unusual way.
With these graphics cards, Nvidia has laid the foundation for today's AI infrastructure, from gaming and mining to AI.
He's a true front-line business development guy. While his Chinese isn't fluent, he has a good grasp of Eastern philosophy, like how he "unwittingly" categorized a large number of mining card sales as gaming (leading to a fine from the SEC).
So, regarding the Megaspeed deal, all that talk about honeypots and seduction is just a facade. This business was disclosed last year, and this incident was the direct trigger for the complete purge of Nvidia's Asian NPC entities. He probably just habitually wanted to close the deal quickly, given it was a huge order. Unexpectedly, this mid-term turning point, defying all odds, directly hit a brick wall in Washington's open conspiracy, becoming a political sacrifice.
And his Chinese identity unfortunately became the perfect "proof of presence."
AI is too boring without him; hopefully, he can finish the second half.
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