Virtual currency prices have soared over the past year, driving sharp increase in mining demand, and the performance of the semiconductor supply chain is booming. However, graphics card makers recently pointed out that, in addition to the alarming fall in virtual currency and the drop in mining recovery rate, the latest business prospects and strategic layout of the three major plants including TSMC, Bitland and NVIDIA can be observed, and the mining tide is gradually cooling down. Stalled GPU mining trains will bear the brunt of the ASIC mining machine orders outbreak kinetic energy will also stabilize quarter by quarter, GPU mining supply chain performance in the second half will be significantly lower than the peak of the same period in 2017.
Bitcoin soared from the beginning of 2017 and climbed nearly 20,000 U.S. dollars in early December, driving the global mining boom to continue to heat up, whether it be Bitcoin-based ASIC miners, or Litecoin, Ether, etc. The main GPU mining machines are all showing hot demand and driving the global supply chain to compete. Among them, the GPU mining machine supply chain led by NVIDIA and Advanced Micro Devices (AMD) not only boosted its overall performance quarter by quarter, but also caused the company to write a record high for the shipment of cards and profitability. This led to a big surprise in the stock market and continued expansion of speculative market ambitions.
However, recently the virtual currency such as Bitcoin has plummeted, abnormal transactions and fraudulent crimes occurred in multinational markets, and the Chinese mainland authorities may comprehensively block the virtual currency trading market in the future. At the same time, it is forbidden to set up and mine mining operations, and mining will bring The power consumption and other energy consumption crises were bearish, and Taiwan’s board makers’ share prices have been declining for a long time. The decline is equally impressive.
Taiwan graphics card manufacturers said that despite the market filled with miners to grab goods, GPU soaring money can not buy the atmosphere of large stocks out of stock, but in fact has seen the recent signs of mining slowdown began to slow down, in addition to bitcoin and other virtual currency decline is amazing In addition to the decline in the mining rate of return, the latest business prospects and strategic layout of the three major manufacturers, such as TSMC, BitContinent, and NVIDIA, can be observed, and mining demand is gradually converging.
First of all, the stalled GPU mining trains in the past year will be the first to bear the brunt. The chairman of Taiwan Semiconductor Manufacturing Co., Ltd. Zhang Zhongmou previously predicted that the virtual currency would be the main driving force for driving TSMC's 2018 performance, driving the first half of the year's overall revenue increase by 10 to 15%. In fact, the key to the growth of TSMC’s revenue is from Bitland’s ASIC mining machine and the new miner’s order that will be produced in excavated Ether coins. The latter is expected to bring order-squeezing effect to GPU mining machines. The drop in prices is already foreseeable.
Taiwan graphics card manufacturers further pointed out that although the GPU mining machine will obviously feel the ASIC mining machine substitution effect is enhanced, and the ASIC mining machine supply chain led by TSMC is optimistic about the market outlook, but then observe the bit continental has been aware of mining machine investment The high risk has recently been actively investing in AI to diversify business risks. At the same time, Zhang Zhongmou also stressed that virtual currency prices are very unstable. TSMC will not invest in new production capacity in particular. The explosiveness and endurance of demand for ASIC mining machines remains to be seen.
