Sales of Nvidia's cryptocurrency mining equipment fell 60% in the third quarter.

Golden Financial reported that revenues from cryptocurrency mining products rose from $ 266 million in the second quarter to $ 105 million in the third quarter, according to the latest financial data from Nvidia. Sales of Cryptocurrency Mining Processor (CMP) cards, which launched earlier this year, have fallen by 60% QoQ. According to Nvidia CFO Colette Kress (Colette Kress), the company expects its CMP products to drop to an incredible quarter in the fourth quarter. (decryption)