U.S.-China Semiconductor War: How Does it Affect Crypto Mining?
Armed hostile conflicts between states or nations, in order to solve disputes are deeply ingrained in humanity. As we speak, Ukraine and Russia are involved in a tussle that entered its 498th day. Popularly termed as ‘War’, in pure literary context, it also reiterates different forms. The current situation brewing between the U.S. and China might be considered fairly similar, where blood isn’t shed but the power struggle is potentially more critical. ‘The Semi conduct or War’ between the two dominant corridors is palpable, and the consequences might permeate into other rising sectors. In this article, we will take a look into the current conundrum and how this may affect a geologically specific activity and a revolutionary technology: Crypto Mining and AI. Also Read: UAE Gearing Up to Become Bitcoin Mining Hub Firstly, How Did We Get Here? President Xi Jinping has major plans for China’s People’s Liberation Army (PLA). With an objective to o...