With demand for cryptocurrency mining having sharply declined following the onslaught of 2018’s bear market, studies are indicating the businesses working within the provide chain behind mining are more and more in search of various income streams to offset falling demand from the mining business.
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Cryptocurrency Bubble Pops for Mining Hardware Supply Chain
Between April 2017 and March 2018, the digital forex mining manufacturing business appeared unstoppable. Final yr, the multi-year cryptocurrency bull development was accelerating towards its peak, drawing with it unprecedented media protection of the digital forex markets.
With demand for mining at unprecedented ranges, firms working inside the provide chain manufacturing mining units had been reporting report gross sales and witnessing all-time excessive inventory costs. At one level, China’s main ASICs provider,…