Crypto Miners Demand for Graphics Cards Decreased

The increasing prevalence of crypto currency mining has caused miners to turn to graphics cards. This situation put the worldwide video card stocks in a difficult situation and upset the gamers. Now, the giant computer manufacturer Asus has made important statements on this issue.

Stating that it expects desktop computer shipments to decrease by 10%, motherboard and graphics card shipments to decrease by 10-15%, Asus said in its new statements that crypto miners’ demand for cards is getting less and less recorded.

“Decreased demand from crypto miners normalizes the market”

According to the news of The Register, one of the CEOs of the tech giant SY Hsumade statements that would attract the attention of gamers at the company’s first quarter earnings meeting. The CEO spoke about the drop in demand from crypto miners. Hsu is the second most popular cryptocurrency in the world after Bitcoin. Ethereum’s Beginning to move away from GPU-based mining stated that this caused the decrease.

In Hsu’s statements, “Decreased demand for cryptocurrency mining in GPU shipments, display card normalization of the market. why is this happening” used the phrases. It is stated that this decrease may be due to the recent decline, albeit small. In addition, Ethereum is based on digital asset ownership rather than proof-of-work method based on excessive processing power requirement. proof-of-stake It is reported that the adoption of the method has also contributed to this decrease.

It is also among the news that existing mining facilities may start selling their equipment to generate cash. It is stated that this may cause cheaper, second-hand graphics cards to enter the market. Of course, considering how hard they work for mining, it can be said that buying these hardware can be a bit risky.

In addition, it is reported that there have been significant developments in the GPU market recently, and that graphics cards have started to take place on the shelves at the list price. In a news we shared with you in the past weeks, we also shared with you the prices of graphics cards in the world. in decline We conveyed that. However, when the numbers are examined, due to the increase in the exchange rate, In our country, such a decrease has not been experienced, and even the prices have increased. had been seen.