It is not surprising that the interest for mining cryptocurrencies grew massive during the cryptocurrency bull run of 2017. But when the processor- and graphics card manufacturer AMD recently published their quarterly for the first quarter of 2019, it seems like the mining interest declined when the crypto prices turned down.
According to the quarterly, the sale of graphics cards – which could be used to mine cryptocurrencies – went down a whopping 26 percent during the first quarter of 2019, compared to the first quarter of 2018.
Despite this, AMD still showed revenues of $1.27 billion, of which $831 million came from the segment “Computing and Graphics”.
This was first reported by Techradar.
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