As the world’s largest crypto by market cap hurtles past 11k, the demand for new Bitcoin mining equipment is exceeding supply. Now, manufacturers are feeling the pressure to produce enough machines to meet this demand.
Are we revisiting the same issue that occurred at the end of 2017, where demand was three times that of supply? It looks like it.
Bitcoin Mining is in Demand
Bitcoin price surged past $10,000 USD over the weekend and is already looking comfortable at $11,368 per coin.
Though not quite at its all-time high of $20,000, …
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Link: Bitcoin Mining Equipment Demand is Exceeding Supply