Bitcoin Has Crashed But Will Gpu Shortage Finally Ease Up
As the Russian Federation deliberates to ban cryptocurrency mining, the world’s leading and most popular cryptocurrency Bitcoin is now close to touching five-month lows, mirroring last year’s levels after billionaire Elon Musk decided to revise Tesla Inc’s decision to accept the cryptocurrency as a form of payment, as he cited adverse environmental impacts from the energy used in mining. The Russian central bank’s consideration of banning the cryptocurrency, paired with the wider sell-off that markets are facing today seems to have taken a toll on Bitcoin, which is now trading below the $40,000 mark....