CRYPTO MINING DECLINED EXPECTED TO SLAM GPU PRICES

in bitcoin •  6 years ago 

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As we know that recent decline in mining processes has already eroded demand for graphics cards with card suppliers planning to slash prices to clean out their inventories.

As I observed the market has snagged demands for ASIC mining equipment. Graphics cards are expected to fall by 20% this month.

Giants already have reduced mining equipment orders while many small and medium sized mining companies are now leaving the space.

Miners are expected to sell their graphics card forcing retailers to curtail prices in order to remain competitive

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Author: @khurshid2017

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