Taiwanese chip manufacturer United Microelectronics Corporation saw a roughly 10% decrease in revenue in the fourth quarter of 2018. Like TSMC, who provide chips to Bitmain, they prominently attribute some of their losses to the downturn in demand for cryptocurrency. Less demand amounts to less need for mining, which subsequently lessens the demand for mining hardware…..
Category: CryptoCurrency, Cryptocurrency News, Cryptocurrency Prices, cryptocurrency strategyTags: bitcoin price, crypto loss, crypto strategy, CryptoCurrency, cryptocurrency awareness, cryptocurrency funds, cryptocurrency in common, cryptocurrency investment, cryptocurrency investment trends, cryptocurrency market evaluation, cryptocurrency matters, CryptoCurrency News, cryptocurrency predictions, Taiwanese Chip Manufacturing Giant Blames Revenue Losses On 'Crypto Winter'
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