Fortunes turning? Specialized GPUs and SSDs come to aid crypto miners
After an exceptional start to the year, the crypto market entered a bearish period in mid-May, causing some to reevaluate their stance on some of the fundamentals surrounding the crypto industry.
The prolonged fall of (BTC) — by more than 50% — and the subsequent dip in mining difficulty by 16%, which are suspected to have been partially caused by news of China’s intention to take tough measures against crypto mining and trading, as well as Tesla’s decision to stop accepting Bitcoin as payment for its electric vehicles, have turned out to be a turning point that brought criticism of crypto to a new level.
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