List of Flash News about BTC mining impact
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2025-06-27 18:54 |
US Tariffs on Bitcoin ASICs: Mining Cost Increases and Global Hashrate Impact
According to industry experts, US tariffs on ASICs imported from Southeast Asia could raise costs for bitcoin miners and slow expansion in the country. Taras Kulyk of Synteq Digital stated that US hashrate growth may plateau relative to global increases, with countries like Pakistan entering the market. Miners are adapting by using secondary markets for cheaper rigs, as per Lauren Lin of Luxor Technology. Jeff LaBerge of Bitdeer emphasized that competition from AI data centers and limited ideal US locations pose larger threats, potentially eroding US mining dominance. |