The excitement around the crypto and mining currencies has declined, and the fall of the crypto currency market has further reduced the morale of those who want to mine.

The largest video card manufacturer plans to reduce prices for products given the fall in demand from the miners side. Sales showed a decline, and vendors tried to sell delayed video cards, reducing prices for them, wrote DigiTimes, citing sources in the supply chain.

On average, the reduced price for a video card will be 20%. The market has not sold several million Nvidia video cards, and in the near future is planned to release a million more devices. In addition, Nvidia decided to postpone the release of next generation video cards operating on 12 nm and 7 nm chips from Taiwan's TSMC semiconductor manufacturer for the fourth quarter.

Bad sales come from ASIC-miner manufacturers and components for them, including the same TSMC. Demand is reduced not only by small miners, but also by large mining companies, who prefer to earn crypto currencies in ASIC.

Last week, video card manufacturer Gigabyte Technology announced the expected decline in video card shipments in the second quarter by 20% and an average price decline for them by 10%. If in the first quarter the manufacturer supplied about 1.2 million video cards, then in the second quarter shipments decreased to 1 million devices.