Advanced Micro Devices, Inc. (AMD), the well-known technology company recognized for the production of processors, motherboards, and GPUs, among many other products, has been able to become NVIDIA’s leading competitor in the graphics card industry. This business strategy has led them to a prosperous streak that has not only increased the value of their shares but also their acceptance within the IT community.

One of the company’s sTron (available on Binance)g points has been its massive adoption in the world of crypto mining, a move that has raised both the sales and prices of graphics cards to the point that has become virtually uncontrollable. In the past few months, both AMD and NVIDIA have gone to the extremes of asking vendors to take gamers into account when selling them their cards, as mining had depleted the stock. Not only that, they even affected other sTron (available on Binance)g technology initiatives. At one point SETI went so far as to warn people that the lack of GPUs could extinguish their operations for extraterrestrial life searching.

However, this accelerated selling could soon come to an end as rumors of Bitmain’s production of an Ethereum (available on Coinbase) ASIC have been confirmed by Susquehanna analyst Christopher Rolland. According to information from CNBC, in a letter addressed to his clients, Mr. Rolland mentioned he was sure about the future commercialization of this technology, which could affect the company’s income in the near future:

“During our travels through Asia last week, we confirmed that Bitmain has already developed an ASIC [application-specific integrated circuit] for mining Ethereum (available on Coinbase), and is readying the supply chain for shipments in 2Q18, (…) while Bitmain is likely to be the largest ASIC vendor (currently 70-80% of Bitcoin (available on Coinbase) mining ASICs) and the first to market with this product, we have learned of at least three other companies working on Ethereum (available on Coinbase) ASICs, all at various stages of development.”

If his impressions are correct, the placement of Ethereum (available on Coinbase)’s ASICs in the market could lead to a massive migration of miners towards the acquisition of this pieces of equipment, making a rig mining operation unprofitable. ASICs perform many more operations per second, so they can “mine” a block much faster, but until now it has not been possible to develop an ASIC for Ethereum (available on Coinbase) due to the design of its algorithm.