According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on ASIC imports could raise mining costs by 10-50% and slow industry expansion, potentially plateauing U.S. hashrate growth despite its current 40% global dominance. Jeff LaBerge of Bitdeer noted that miners are focusing on efficiency upgrades for existing rigs, creating a $4-6 billion annual market opportunity, to offset higher expenses and remain competitive. Lauren Lin from Luxor Technology reported no immediate panic among miners, with active secondary markets for used equipment helping avoid tariff impacts, while Canaan is exploring U.S. manufacturing partnerships to mitigate risks, as per a recent correction.

According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on ASIC imports may raise mining hardware costs by 10-50%, slowing Bitcoin hashrate expansion in the U.S. and shifting dominance to countries like Pakistan and Ethiopia. Miners are adapting through secondary markets and local production, while competition from AI data centers and diminishing ideal sites could accelerate efficiency-focused strategies, as Jeff LaBerge of Bitdeer noted. This could plateau U.S. hashrate growth but not end mining, with long-term shifts toward global diversification and rig efficiency upgrades.