Identifying Opportunities in Economic & Regulatory Trends
Economic: Shortage of graphics cards around the globe. While researching graphics cards for my PC build, I noticed a lot of high end ones are hard to come by. The prototypical customer would be either a heavy PC gamer or businesses who require high end computational power. Recently there has been a shortage of high end graphics cards due to the rise of cryptocurrency mining. Cryptocurrency is essentially a digital currency. It uses encryption methods in order to regulate the generating of units of currency and the verification of the transferring of funds among different individuals. When mining cryptocurrency, it requires a lot computational powers. This means to be the most effective when it comes to mining people tend to buy high end graphics cards, which is the reason why there is such a shortage. This issue will cost a lot of money to fix because of the cost it takes to make high end graphics cards. https://arstechnica.com/tech-policy/2018/01/cryptocurrency-boom-create...