Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China's Dominant Position as Hash Rate Leader Under Threat

The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing disruptions in their manufacture. According to one report, these disruptions are causing a shortage of rigs on the market and the subsequent price increases. Already, the report suggests that the prices of new mining rigs have doubled while second-hand machines saw their prices go up by more than 50% in the past year.