Shipments of GPUs are being slowed down or suspended in light of a slowdown in demand driven by cryptocurrency miners:
Taiwan-based graphics card makers including Gigabyte Technology, Micro-Star International (MSI) and TUL are expected to see their shipments for April plunge over 40% on month, as many clients have suspended taking shipments in response to drastic slowdown in demand for cryptocurrency mining machines, according to industry sources.
Channel distributors and larger mining farm operators have cut orders with makers of mining graphics cards and mining motherboards or asked them to suspend shipments due to the crypto mining craze waning abruptly from the beginning of April, the sources said.
Quite a few mining farm operators have even stopped purchasing graphic cards, as they are awaiting the rollout of Ethereum mining machines by China's Bitmain in the third quarter of 2018. They anticipate mining rewards to pick up gradually in the third quarter, as Bitcoin and Ethereum values may rebound following sharp declines seen in early 2018, the sources indicated.
Previously: AMD GPU Supply Exhausted By Cryptocurrency Mining, AIBs Now Directly Advertising To Miners
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Ethereum Mining Craze Leads to GPU Shortages
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Cryptocurrency Mining Wipes Out Vega 64 Stock
GPU Cryptomining Hurting SETI and Other Astronomy Projects
Related: AMD Profits in Q3 2017
(Score: 1) by khallow on Friday April 27 2018, @04:51PM
The original story was in a Taiwanese news source about a major Taiwanese industry suffering from a significant loss of demand. It's the sort of news you'd expect legitimately. Why did it spread? It's kinda big news for the tech industry. But we have two additional possibilities. First, that it's a convenient narrative where cryptocurrency miners are done in by hubris. That's always good for eyeballs. Second, that the US government is surreptitiously undermining the credibility of the thing. If you're the sort of person who thinks Iraq was invaded because they traded oil for Euros instead of dollars, then that's a natural conspiracy to leap to.
I think it's lazy journalists on a slow news day CCing another story about those wacky miners.