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Posts Tagged ‘Forecasts’

Chip Maker TSMC Forecasts Weaker Crypto Mining Demand in Q4

Chip-making giant Taiwan Semiconductor Manufacturing Company (TSMC) has predicted weak demand for processors from cryptocurrency miners in the fourth quarter of this year. TSMC, the primary supplier for crypto mining giant Bitmain, announced in its Q3 2018 earnings call Oct. 17 that its revenue growth will be impacted by “continued weakness” in the crypto mining…

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Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 2020

Bitcoin price (BTC) could continue dropping for the next two years, a new forecast which takes into account the possible effect of the next block reward halving has revealed. The Halving Factor To Hit Bitcoin? Uploaded to Twitter August 13, the chart, which “factors in” Bitcoin’s third halving in May 2020 suppressing prices, shows BTC/USD…

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