Mining has been unusually disruptive for the graphics card market for too long, but according to the latest video card makers' expectations, mining demand will continue to decline in the second half of 2018, and related graphics card shipments and profits are also declining, targeting the gaming market. The supply of graphics cards will also gradually strengthen.
The peak period of mining began in April 2017, and by March 2018, it was already at the end. In April, it began to “crash,” and the price of bitcoin fell below 7,000 US dollars. At the end of 2017, it was once approaching 20,000 US dollars.
In addition, with the fraud caused by digital currency transactions, there are more and more market manipulations. China, South Korea and many European countries have also continued to strengthen supervision.
Asustek, Gigabyte, MSI, and Xunxun (Dylan)’s inventories of mining graphics cards are rapidly accumulating, but basically they have not lowered their prices. The gross profit margin has remained at around 20%, although it is lower than the previous 40-50%, but compared to 2017. 8-10% at the beginning of the year is still much higher.
According to industry insiders, as multi-government governments strengthen policy supervision, electricity tariffs are getting higher and higher, and profits are getting lower and lower. The mining market will be difficult to reproduce brilliantly. In fact, many individual miners and small mines have already withdrawn. Mines have also shrunk in size.
therefore It is expected that by the second half of 2018, the game graphics card market supply will gradually return to normal , Those who recently invested too much in mining and despise the game market, are likely to face difficulties and need to find more ways out.
For example, Yu Xun, is expanding the input of the industrial PC, data center accelerator card, to make up for the losses caused by the low demand for mine cards.
