Post
Topic
Board Economics
Re: Mining equipment sales expected to drop
by
bobo012
on 16/05/2018, 19:29:05 UTC
Mining profits are plunging and gpus have risen in price. That has led us to surplus of overpriced gpus. Nobody is willing to buy them with mining profits low. Another thing is quick coverage of algorithms with asics, we have an asic for everything now, and with second gen it will destroy gpu profits. We need more new asic resistant algorithms,