They were never particularly pro-crypto. When miners were buying GPUs by the pallet load Nvidia was publicly downplaying mining and saying GPUs were for gaming.
"Senior executives at the company sought to capitalize on that demand with a specialized line of cards just for cryptomining, the SEC wrote, but Nvidia salespeople and the company’s internal estimates suggested cryptomining was still accounting for “a significant factor in the year-over-year growth in Gaming revenue.”"
They settled with SEC for hiding profit cannibalization from investors.
Also as the article hints on the hypocrisy, Kagan built a company selling to high frequency traders.
I think the hypocrisy and sourness are abundant qualities in this statement.
