Watch: Crypto Mining Constraining Hard Drives, Sending Prices Higher: Brian Venturo (youtube.com)
Bitcoin traded lower on Tuesday as prices pulled back from a double-digit percentage rally, stoked in part by Elon Musk’s effort to bolster the token’s green credentials on Twitter. Brian Venturo, chief technology officer at CoreWeave, talks with Bloomberg's Caroline Hyde and Joe Weisenthal on "What'd You Miss?" about how digital coins and mining are affecting hardware and semiconductors.
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    Francisco Gimeno - BC Analyst There again, for those who check the dots: scarcity of semiconductors and hardware to build the mining hard drives around. This is because of many reasons, one the Pandemic, other, more worrisome is the geopolitical picture, where there is a conflict (US/EU/China) to get control of rare earths and the manufacturers are in choke points (like Taiwan, f.i.). Not easily solved on a short time frame.