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How long can the mining card live?Google reveals the truth: some corporate advertising plummets

How long can the mining card live?Google reveals the truth: some corporate advertising plummets



In the past two years, due to the popularity of cryptocurrencies, a large number of graphics cards have been used for mining. The existence of mining cards directly affects the ecology of the graphics card market. RTX 30 and RX 6000 series graphics cards have risen to sky-high prices. The card market has also changed. At present, the mining card has cooled down, and the price of the graphics card has also dropped to the recommended price. However, from the perspective of the computing power of the entire network, the graphics cards used for mining are still at the daily level. After all, in the past 18 months, the sales of graphics cards for mining have reached as high as $15 billion (about 99.8 billion yuan). How long can a mining card live? Clearly the most perilous moment is yet to come, but judging from Google ads, it is clear that companies in the cryptocurrency industry have significantly reduced their ad spend. Tyler Bobih, an analyst at iSpot, counts the companies' advertising. From the end of last year and the beginning of this year to May, the advertising of companies such as Crypto, Coinbase and others plunged by more than 90%, almost a cliff-like decline, which means that their financial situation is not good. Not only that, the search for Bitcoin is dead (Bitcoin is dead) also hit a new high on Google, almost reaching the limit of 100 points, creating a .
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