Ethereum and Bitcoin: increasing environmental efficiency?

In Germany, in April, there was a noticeable drop in video card prices, both because of ASIC mining and the structural change of Ethereum. The system restructuring of the Ethereum platform opens up a differential for miners: those who use ASIC would have to migrate to another cryptocurrency and those who use video cards, the GPU, will have to adapt.A few weeks ago, the Ethereum cryptocurrency dropped sharply in value.Shortly thereafter, the Chinese government closed several mining farms in the country and the People's Bank of China (equivalent to our Central Bank) banned local banks from facilitating the use of cryptocurrencies.With these government measures, Chinese miners began to sell their plates. Firstly, for miners from other countries.But second-hand boards are already starting to appear in the "general" market.Then, the hash rate for Ethereum mining dropped to 499 TH/s, after reaching a peak of 643 TH/s in May. Ether is the main cryptocurrency that uses video cards for its mining and the second most valued today, only behind Bitcoin.In the case of Bitcoin (BTC), a currency update lowered the energy needed to mine a block of BTC, making mining 28% easier.The measure was taken to compensate for farm closures in China.However, the drop in Bitcoin will not impact GPU prices as it uses ASIC to mine.In other words, today's main cryptos are going through a downturn.Was it a bubble bursting? This drop in "interest" in Ethereum and BTC will have an impact on other cryptocurrencies that use GPUs to be mined.Both currencies and their ecosystems are undergoing adjustments to mainly win markets with environmental restrictions.In addition, all assets go through cycles of ups and downs and, like all assets in the financial market, time will define the demands.The problem is that cryptocurrency investors are not used to this "delay", since the virtual environment offers quick answers, quick results and prompt answers in virtual searches.But, like an impatient generation eager for quick results, the entire financial market knows that time is, in fact, what values ??the assets.Those who have patience and perseverance will be the ones who will prosper and make solid gains.With miners abandoning video cards, the happiness for gamers will be GPU prices returning to normal levels.It will still take some time for stocks to normalize and for there to be an improvement in the supply of raw material. Inventories should regularize around six months to a year.However, there is light at the end of the tunnel for those looking for a new sign.And this will also impact the supply of cryptocurrencies, generating, in the next 6 months, a recovery in mining speeds.Time defines values: "if you have neither the time nor values ??to lose, you shouldn't be investing!" already said great anonymity adapting the most famous rase of the traditional financial market.