Floods flooded mining operations in China. Will the demand for video cards go up again?

There would be no happiness, but the misfortune helped. Otherwise, NVIDIA will help sell the video card stock of the current generation. In China last week, there was a flood that damaged the farms of the miners. Eric Meltser, one of the partners of a large Asian blocking fund, has posted a photo of the devastation on his Twitter

The photo shows both the ASIC miners and the video cards affected by the floods in Sichuan Province. On the day of the flood, according to the profile's resources, the bithine hashit (the power of all mining equipment) went from 43 million TH / s to 30 million TH / s – more than 30%. However, it has returned to 40 million TH / s, but experts attribute the fall to flooding in the region.

Floods are badumed to cause short-term growth in demand for video cards. Maybe it will help NVIDIA to sell the surplus of the old graphics processors

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