China's politics now actively includes control over rare earth exports. The country's near-monopoly over rare earth minerals raises concerns over hardware costs, mining profitability and market volatility amidst geopolitical tensions. The newly announced restrictions will drive up costs for ASIC (Application Specific Integrated Circuit) mining equipment - the very machines that power Bitcoin's network. Rare..The post How China's Rare Earth Restrictions Threaten Bitcoin Mining And Crypto Markets? appeared first on 99Bitcoins.