Manufacturer Asus has confirmed that the demand for graphics cards for use in cryptocurrency mining is increasing. has dropped significantly in recent months – this could mean the imminent normalization of an industry that has been quite unstable for a while thanks to this demand.

According to website PCMagwas the co-CEO of the company that brought the good news, SY Hsuduring a conference on the company’s current financing. He was asked about the current market situation for these components and he offered a relatively optimistic view.

“As demand to buy GPUs for cryptocurrency mining is gradually decreasing, the demand for graphics cards in the market is normalizing,” the manager says. However, this still does not mean that stocks will run out overnight or that the price will drop radically.

“As the demand for the use of cryptocurrencies has disappeared, we wondered if the price of GPUs will normalize as well. In fact, the demand is still strong in games, so we think we can surely fulfill all orders,” he said. .

As the reasons for the declining interest of miners, Hsu cites future Ethereum projects that will reduce the importance of powerful GPUs in acquiring cryptocurrencies and the recent decline in market value in this area as a whole.

Image: Asus ROG Phone 3
  • Rear camera: 64 MP (f/1.8, 26mm, 1/1.72″, 0.8µm) + 13 MP (f/2.4, 125˚, 11mm) + 5 MP (f/2.0)

  • Front camera: 24MP (f/2.0, 27mm, 0.9µm)

  • Video: 8K@30fps, 4K@30/60/120fps, 1080p@30/60/240fps, 720p@480fps

Source: Tec Mundo

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