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=== Improper disclosures about cryptomining === In 2018, Nvidia's chips became popular for [[cryptomining]], the process of obtaining crypto rewards in exchange for verifying transactions on distributed ledgers, the U.S. Securities and Exchange Commission (SEC) said. However, the company failed to disclose that it was a "significant element" of its revenue growth from sales of chips designed for gaming, the SEC further added in a statement and charging order. Those omissions misled investors and analysts who were interested in understanding the impact of cryptomining on Nvidia's business, the SEC emphasized. Nvidia, which did not admit or deny the findings, has agreed to pay $5.5 million to settle civil charges, according to a statement made by the SEC in May 2022.<ref>{{Cite news |last1=Prentice |first1=Chris |last2=Singh |first2=Kanishka |date=May 6, 2022 |title=Nvidia to pay $5.5 million penalty for 'inadequate disclosures' about cryptomining |language=en |work=Reuters |url=https://www.reuters.com/technology/us-sec-charges-nvidia-with-inadequate-disclosures-about-impact-cryptomining-2022-05-06/ |access-date=May 7, 2022 |archive-date=May 7, 2022 |archive-url=https://web.archive.org/web/20220507154409/https://www.reuters.com/technology/us-sec-charges-nvidia-with-inadequate-disclosures-about-impact-cryptomining-2022-05-06/ |url-status=live}}</ref>
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