How long can the mining card live? Obviously the most dangerous time is yet to come, but judging from Google’s advertising, it is clear that companies in the cryptocurrency industry have significantly reduced their ad spend.
Tyler Bobih, an analyst at iSpot, took a look at the advertising of these companies.Companies such as Crypto and Coinbase saw their ad placements plummet by more than 90% from the end of last year to the beginning of this year, almost a cliff-like decline, which means their financial situation is not good.
Not only that, the search for Bitcoin has dead (Bitcoin is dead) also hit a new high on Google, with the popularity almost reaching the limit of 100 points, setting a new record after the bear market in 2018.
Judging from these circumstances, the situation in the currency circle is obviously extremely severe. If the price continues to fluctuate, more foremen will give up mining. It is expected that mining cards will have a higher impact on the graphics card market in the second half of this year, which will inevitably affect the graphics card market. Gamers who don’t have a rigid need can wait and see.