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Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading supplier of graphics cards and motherboards – components used in cryptocurrency mining operations. Weakened Demand for Cryptocurrency Mining Chips According to the Gigabyte, graphics card shipments are expected to drop by a fifth, from 1.2 million units to one million units in Q2 2018. The company
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The post Cryptocurrency Mining Chip Supplier Warns Investors of Impending Revenue Decline appeared first on Bitcoinist.com.
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