Bitcoin price has doubled in 3 months, graphics card manufacturers can no longer afford mining cards

From $20,000 at the end of 2017 to $3,000 at the end of 2018, BTC has experienced a roller coaster-like dive, which directly hit the entire cryptocurrency circle. However, in 2019 , the price of Bitcoin has recovered. From February to now, the price has continued to rise sharply, reaching more than $7,500, more than twice the low peak price. Does the surge in Bitcoin prices mean that the mining card market is making a comeback? At present, graphics card manufacturers are not excited about the sharp rise in Bitcoin prices. The collapse of mining cards in 2018 had a huge impact on them, and inventory issues have continued to affect them until now.
The price of Bitcoin has soared in recent days, breaking through the 6,000 and 7,000 US dollar mark successively. However, this price increase does not seem to have brought much stimulation to the entire market. The mining machine market is still stagnant. Although mining machine chip manufacturers such as Bitmain and Canaan Creative are still pushing new 7nm mining machine chips this year, they have not caused much waves, and second-hand mining machines are still as numerous as dogs, which directly leads to the lack of demand for new mining machines.
The recovery of Bitcoin has also driven up the prices of other digital currencies such as Litecoin and Ethereum , but the mining card market has not changed in this round of price increases. From what we know so far, neither AMD, NVIDIA nor graphics card manufacturers have taken any measures due to the fluctuation of BTC prices. Last year's mining card inventory problem caused these manufacturers to sink for more than a year, and the backlog of inventory has been cleared until this quarter.
For graphics card manufacturers, the surge in Bitcoin may be an opportunity, but the benefits and losses are too great, causing graphics card manufacturers to no longer dare to bet on the mining card market as they did in the past two years. The lesson this time is too profound.
In the current game card market, NVIDIA has launched the RTX 20 series and GTX 16 series graphics cards based on the Turing architecture. In addition to the rumored GTX 1650 Ti, the layout is basically complete. The next step is AMD's turn. The 7nm Navi graphics card is AMD's killer. The leaked information shows that the Navi graphics card is very powerful, but the final winner will have to wait until the release and listing in June or July to see the result. (Fast Technology)