I read something interesting earlier today about shares in graphics processor companies being inflated due to cryptocurrency mining and that the deflation of Bitcoin combined with increased rewards on mining has caused a decrease in demand.
I’m not sure if that is an accurate assessment, but apparently amongst crypto miners, there is widespread use of GPUs to do the processing.
Take it for what it is worth, I don’t know enough about either GPUs or crypto to hash (pun intended) whether or not it is true.
“I read something interesting earlier today about shares in graphics processor companies being inflated due to cryptocurrency mining and that the deflation of Bitcoin combined with increased rewards on mining has caused a decrease in demand.”
GPUs aren’t used to mine Bitcoin, but instead some of the other cryptocurrencies. There was a major surge in interest a few months ago, and I think that’s leveled off at this point. I doubt it will really slow down for a little while at least...