Crypto Mining Supply Fails to Meet Market Demand in Q2: TokenInsight

Cointelegraph | Sep 13, 2019 at 4:05 PM
  • The supply of crypto mining machines failed to meet market demand in Q2 2019 despite the surge of mining hardware prices, new research says.
  • Bitdeer and VeryHash were the two major suppliers of Bitcoin cloud mining hardware in Q2, as in the previous season.
  • As such, the expected increase in mining difficulty will undermine revenue for a section of mining operators with currently operating machines, TokenInsight noted.