Asus and Gigabyte left with mining hardware surplus as crypto-hype dwindles

Asus and Gigabyte left with mining hardware surplus as crypto-hype dwindles

It seems the cryptocurrency hype from last year has left tons of hardware manufacturers with more motherboards and graphics cards than people care to buy – and things might get even worse in 2019. Asus and Gigabyte are purportedly struggling to unload excess hardware stock now that interest in cryptocurrencies and mining has significantly dwindled, DigiTimes reports. Fooled by the temporary boom in the cryptocurrency market, Taiwanese manufacturers ramped up production for mining hardware in the beginning of the year. Unfortunately, following a sudden dip in cryptocurrency prices and a slew of complications from the prolonged US-China trade war, interest…

This story continues at The Next Web