Graphics card shortages ease as cryptocurrency mining fad subsides

[Nelly]

With the cryptocurrency mining fad starting to subside, graphics card shortages have already eased and prices dropped back to normal levels, according to sources from graphics card players.

The sources said that their inventory digestion will greatly slow down in the fourth quarter because of weakening demand and miners may start selling their used graphics cards, which may generate high maintenance costs due to heavy use of the cards around the clock.

Seeing the fad gradually cool off, channel retailers have also been cutting their orders with graphics card vendors recently.

Since most large miners in China have established their mining systems in rural areas in order to save power costs, the sources believe the bad usage environment could shorten the life of the systems, and apart from providing maintenance services for graphics cards, they may also see rising expenses from fixing motherboards.

Source

 

[shamus21]

Do not worry nelly their will be so much stock you will be tripping over it come year end.

 

[FoxEye]

Clickbait article with no sources.

There was one like it a couple weeks ago with the headline "Etherium collapses" or something. A couple hours was all it took for the Eth price to recover to where it was prior to the article.

Eth seems extremely volatile but doesn't look like it's a "fad" about to crash right now - certainly not on the evidence of that "article" with no sources

 

[DarkHorizon472]

It will grow while it makes economic sense and then level out and fall back. The challenge for suppliers is not to over flood the market. If they do prices will fall quickly.

 

[ubersonic]

Do not worry nelly their will be so much stock you will be tripping over it come year end.

We’re going to have so much stock, you’re going to be so sick and tired of having stock, people will say, "mister president", "we're tired of stock", "can we have less?", and I will say, No!.