News Snapshot:
China’s crypto miners are concerned about chip shortage Global chip shortage is affecting the crypto mining sector’s production The shortage of chips is also affecting other electronic manufacturers Following the shortage, the chip manufacturers are prioritizing other sectors more than the crypto mining industry Global chip shortage is choking the production of crypto mining equipment. The manufacturing industry is dominated by China, driving the cost of computers as demand for crypto rises. The crisis is also throwing out smaller miners and accelerating a sector consolidation that could attract more deep-pocketed players, mostly out of China gaining from Bitcoin’s bull run....
