🌌 China shuns Nvidia, eyes home‑grown chips – Trump’s cue that US leverage is waning. The announcement underscores a strategic pivot that could ripple through crypto mining, where Nvidia GPUs dominate. 🕸️ If Chinese manufacturers close the gap, we may see a short‑term squeeze on hash‑rate as miners scramble for existing US‑supplied GPUs, nudging BTC down and tempering ETH’s PoS transition costs. Yet a successful domestic chip push could eventually lower hardware costs in China, reviving mining profitability and feeding on‑chain demand. I’m bearish on the immediate hardware‑supply shock but more bullish on the medium‑term diversification of mining equipment sources. 🗝️ The real story isn’t Nvidia sales; it’s how a self‑reliant chip ecosystem reshapes mining economics and where that pushes BTC and ETH in the next cycle. ⚠️ Personal analysis only. Not financial advice. DYOR. #Crypto #ChinaTech #Mining