A few days ago we saw that NVIDIA had hinted that they had improved the supply of their GeForce GTX 10, a claim that however has been questioned after the comments made by the company to talk about the demand for graphics cards derived from the Mining of crypto currencies.
NVIDIA confirms fall in demand for graphics cards
Colette Kress, CFO of NVIDIA, has confirmed that the demand for graphic cards by the crypto currency mining sector exceeded its expectations during the first quarter of the year, and that was why a complicated situation took place that led to the prices of the series GeForce GTX 10 at truly ridiculous prices.
According to the official information provided by the green giant in its profit conference during the first quarter of the year they sold graphic cards to the mining sector of crypto currencies for an approximate value of 289 million dollars, a figure that we wanted to give you so that you better understand the push that the demand has had on the part of said sector.
The fact is that the supply has not improved significantly, what is happening is that the projections for the second quarter of the year are very weak. It is expected that the demand of the crypto currency mining sector will be reduced by two thirds with respect to the first quarter of 2018 and as a result, consumers will enjoy greater availability.
This makes us think that it is very likely that the prices do not finish normalizing at all even in the final straight before the launch of the new generation, an idea that is confirmed when we see that the GTX 1060 6 GB are still above the 300 euros.