Nvidia fears a drop in demand for cards for cryptocurrency mining

The demand for graphics cards by cryptocurrency miners is showing signs of slowing down recently, something that the manufacturers of these cards do not like, as they see a large volume of business escape them. Some market sources have pointed out that Nvidia has begun taking steps to minimize possible damage.

The demand for graphics cards to mine cryptocurrencies begins to drop

TSMC President Morris Chang has recently stated that he expects huge demand for hardware by miners to cause the company to experience a 10-15% year-over-year revenue increase in the first half of 2018. The difficulty cryptocurrency mining continues to increase every day, which is why miners will increasingly resort to specific ASICs for these tasks, that's where TSMC sees a large volume of business.

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Bitmain is one of the companies specialized in the development of mining ASICs, the company is ready to launch new products in April, this measure is expected to reduce the demand for graphics cards by cryptocurrency miners.

Nvidia recently began imposing restrictions on partners, prohibiting them from publicly promoting cryptocurrency mining activities or actively selling their consumer graphics cards to miners. Nvidia hopes to change its main consumer sales target in the video game market. Nvidia has also increased its GPU budgets recently, which will help fill the gap that may appear, after the demand for GPU begins to decrease.

The profitability of graphics cards for mining has weakened, this has caused Nvidia and AMD to be slowing down developments, and prolonging the life cycle of their existing GPUs, this will make Nvidia's new generation GPU architecture, do not enter mass production until the third quarter of this year.

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