Bitcoin mining company Riot Platforms (RIOT) is navigating through a series of challenges, ranging from a global chip shortage to regulatory uncertainties. In its latest annual report, Riot outlines the key risks affecting its operations, shedding light on the potential impact on its profitability.

Chip Shortage Creates Supply Chain Disruptions

Riot Platforms highlights the ongoing chip shortage as a significant concern affecting its mining operations. With only a few manufacturers capable of producing the specialized ASIC chips essential for mining, Riot faces supply chain disruptions that could hamper its ability to acquire necessary equipment.

Riot stated in its report:

“The ongoing…

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