Even though prices for digital currencies are on the rise throughout 2021 NvidiaThese “shovels”, which are digitally accessed by miners, have not been sold.

GPUs are the kind of processors Nvidia produces. They can be used for efficient mining of ethereum through solving complex math problems. Nvidia announced that it had acquired the GPUs in March. introducedVersions of the chips are specifically designed for cryptocurrency professionals called CMP.

Nvidia stated Wednesday that CMP sales fell 60% in the last quarter and that the sales of CMP products are likely to fall to “very negligible” in the fourth quarter.

Nvidia CMP Cards sales fell from $266 Million in the quarter ended August to $105,000,000 in the latest quarter.

Adding in $155 million in CMP sales from the May quarter, the chipmaker now says it has totaled $526 million in revenue during the product’s lifetime — under 3% of the $19.27 billion in revenue the company made during that period.

Nvidia has not been affected by the lack of CMP traction. Nvidia’s stock has risen more than 123% in the past year. It said on Wednesday in an earnings reportIts overall sales increased by 50% annually and it earned $3.2 billion selling graphics cards to gamers.

A drop in cryptocurrency prices for 2018 hurtNvidia stock sales and stocks as used graphics card cards fell on the used equipment market. This has led to a decline in prices.

2021 will be different. Nvidia’s graphics cards for gamers of the latest generation have proven difficult to locate at retailers in recent years. This is due to their rapid sales. On Wednesday, the company stated that there was “overwhelming customer demand” during the holiday quarter.

CMP cards were announced by Nvidia in spring. They were specifically designed to be used for gaming and not industrial miners.

Jensen Huang CEO at Nvidia, Nvidia. said in MayThe product line also “protects” gamers’ supply, he said.

Nvidia considers gamers a core market. It also believes that GPUs are going to be standard components for every cloud-based server. The bull case for Nvidia doesn’t necessarily need it to become the Levi’s of the cryptocurrency gold rush — it could become a key supplier for companies who want to create a “omniverse” or online world with 3D graphics, Huang said on Wednesday.

Nvidia added software to gaming-focused cards in order to render them less suitable for mining cryptocurrency. According to Nvidia, almost all GeForce Desktop graphics cards are equipped with the software called Lite Hash Rate. The move was made in order to “direct GeForce to gamers.”

The company claims it can’t be certain that the surge in sales of graphic cards isn’t due to cryptocurrency.

““Our GPUs can do crypto mining but we don’t know how this affects our overall GPU demand,” Colette Kress, Nvidia’s CFO, said during a conference call on Wednesday with analysts.