Influencing – Crypto market and hardware sales

The dropping growth patterns in cryptomarkets has had a hard hitting impact on the hardware manufacturers. This negative growth has shown low purchase patterns of mining grade hardware. The miners managed to reek profits of around 4.7 billion USD the first half of this year. However, the small miners who don’t have exquisite rigs suffered from heavy losses recently. They shut down and left an impact on the manufacturers. AMD‘s representatives published reports of drop patterns in their sales analysis. Nvidia and Bitmain published the same sort of reports. 2017 was a gold rush for these hardware junkies but things are not the same currently.