Bitcoin price Today – China’s bitcoin miners hit by global chip shortage –


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Home » Bitcoin price Today – China’s bitcoin miners hit by global chip shortage – Asia Times Bitcoin price Today – China’s bitcoin miners hit by global chip shortage – Asia Times A global chip shortage is hampering the production of machines used for bitcoin mining, a sector dominated by China, driving up the cost of the rigs as demand for the crypto surges. Smaller miners are being priced out, which is accelerating the consolidation of the sector because it is only profitable for the bigger players, many of whom operate outside China, Reuters reports. Bitcoin mining is closely watched...