I’m unnerved by the number of people printing money in their basements using graphics cards. We have a global inflation problem and a semiconductor shortage. The cherry on top is that our solution is to make more semiconductors…

money != money
Crypto miners are inflating their own money, their actions have no direct effect on the US dollar for example.

@JustThat What kind of indirect effect? I don't know of any mechanism by which excess availability of one currency causes inflation of another unless the latter is somehow artificially linked to the former.

@JustThat The former may be true, I don't know how much effect crypto news have on the rest of the market but I don't think it would he more than a tiny fraction of other markets such as real estate, which change comparatively slowly and also affect USD.
As for the latter, that may offset values, but it's a temporary change and the effects inflation are mainly relevant in the process. If long term savings decrease/increase by 10% that's sad/great, but the real problem is when the value of your income changes by the time you want to spend it, and temporary surges among a limited group of people to buy/sell crypto can't really have that kind of effect.