Hacker News new | ask | show | jobs
by ravel-bar-foo 1690 days ago
Ok. So the problem is that your furnaces are too greedy. They are buffering up in the absence of oversupply. There are many in-game solutions to that, but in reality we use price signals. When price signals are not available, we shame people for being greedy and hoarding.
1 comments

Well, what if some of us think that the cryptominers are being too greedy, and maybe they should cut back on their chip orders so that car companies get more chips?

This chip shortage thing was foreseen in March: 7 months ago. That was more than enough time for a new batch of chips to be made or for production runs to be reallocated.

EDIT: Taiwan seems to think some hoarding is going on: https://www.taiwannews.com.tw/en/news/4306366. We know that all chip-manufacturers are using more wafers and creating more chips than ever before. Yes, even this year (even as Texas got that cold-snap and frozen power plants). So why do we have a chip shortage?