ASRock Says China Crypto Demand Waning, GPU Prices Dropping: Report


560
560 points



According to a report from DigiTimes, ASRock is swimming in cash and soon expects to make even more. The company says it expects its sales to increase even though graphics card pricing is dropping and demand for GPUs for Chinese cryptomining operations is waning. The company also expects the supply of AMD GPUs to improve as more substrate production capacity comes online.

ASRock’s predictions could prove to be good news for enthusiasts waiting out what is presumably the worst GPU shortage in history. The potential for reduced GPU pricing on the near horizon is certainly good news, but reduced Chinese cryptomining demand is also encouraging. China’s recent cryptomining bans could spur miners to sell off GPUs on the second-hand market, drastically improving overall supply. For perspective, miners are thought to have purchased 700,000 GPUs in the first quarter of this year alone. 

READ More:  The 7 Best Monitor Arms

Source link


Like it? Share with your friends!

560
560 points