Fortunes turning? Specialized GPUs and SSDs come to aid crypto miners

Fortunes turning? Specialized GPUs and SSDs come to aid crypto miners


After an exceptional start to the year, the crypto market entered a bearish period in mid-May, causing some to reevaluate their stance on some of the fundamentals surrounding the crypto industry.

The prolonged fall of Bitcoin (BTC) — by more than 50% — and the subsequent dip in mining difficulty by 16%, which are suspected to have been partially caused by news of China’s intention to take tough measures against crypto mining and trading, as well as Tesla’s decision to stop accepting Bitcoin as payment for its electric vehicles, have turned out to be a turning point that brought criticism of crypto to a new level.

Against this background, some commentators and crypto enthusiasts have started talking about the possible end of the mining era. Or is it just a new beginning and a way for the industry to reinvent itself and make use of new solutions to appease the ever-expanding number of stakeholders?

Trending: 8 BOXES REMAIN – Hand Recount Nearly FINISHED – HUGE Discrepancies Expected – NO BALLOTS = NO VICTORY

Hardware deficit and price growth

The first bell actually

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