If (probably when) China goes after Taiwan

I'll keep this terse but basically as most of you may know, Taiwan is a massive advanced semiconductor manufacturer. According to BCG they account up to 92% of global semiconductor manufacturing. Bitmain among other ASIC producers get their base chipsets from Taiwan. Granted that China does invade and blockade the island, I'm guessing that bitcoin's hashrate growth will decelerate or even flatline. With that being said I gather that btc price could rise as profit/hash could be stable and there may be less miner sell pressure. That being said, wtf do I know. What do you guys think will happen to btc if China decides goes ahead with the attack?

submitted by /u/Cute-Transition-7419
[link] [comments]

Leave a Reply

Your email address will not be published. Required fields are marked *