Nvidia’s Partner Confirms Graphics Card Price Will Fall With Bitcoin

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Nvidia’s major partner ASRock said that by the end of this year, the graphics card market will be more vibrant than ever. The price will be comfortable and the supply will also be abundant again, followed by the decline of Bitcoin.

In the past year, the tumultuous appearance of virtual currencies has upset the supply of the computer accessories market, especially the graphics card segment. Genuine users have not been able to access the products of the semiconductor industry due to the overwhelming demand in cryptocurrency mining. But the unfriendly moves of companies and government agencies have caused Bitcoin and its brothers to simultaneously trend down and potentially be difficult to recover in the future.

The Chinese government over the past month has completely banned mining and trading activities related to virtual currencies. This has had a huge impact on the crypto market, as the country alone accounts for 65 percent of global Bitcoin. Elon Musk’s recent moves towards cryptocurrencies have also eased some strain on the supply of computer components. Since Tesla announced it stopped accepting payments in Bitcoin. The coin was in free fall and the crypto market wiped out more than $365 billion. Most of these “exclusionary” actions are for profit purposes and also for environmental issues.

The Chinese government over the past month has completely banned mining and trading activities related to virtual currencies. This has had a huge impact on the crypto market, as the country alone accounts for 65 percent of global Bitcoin. Elon Musk’s recent moves towards cryptocurrencies have also eased some strain on the supply of computer components. Since Tesla announced it stopped accepting payments in Bitcoin. The coin was in free fall and the crypto market wiped out more than $365 billion. Most of these “exclusionary” actions are for profit purposes and also for environmental issues.

We can see the interaction and great influence between virtual currencies and the computer components market. When AMD announced that it was trying its best to bring back the supply for users, Nvidia will in the future release cards of the RTX 4000 series. The numbers spent to bring back Bitcoin seem to be gradually disparate from what this cryptocurrency brings. More than ever, genuine users are yearning for a card at the same price as before. If ASRock’s numbers and predictions are correct, the upcoming miners will have to take a break and from there the supply of components will also return to normal for ordinary users like us.

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