List of Flash News about U.S. mining industry
Time | Details |
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2025-06-27 00:52 |
U.S. Tariffs on ASIC Imports: Impact on Bitcoin Mining Costs and BTC Hashrate Growth
According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on ASIC imports from Southeast Asia could increase mining equipment costs by 10-50%, potentially slowing Bitcoin mining expansion in America and reducing its global BTC hashrate dominance. Multiple experts, including Jeff LaBerge of Bitdeer, state that tariffs add to existing challenges such as competition from AI data centers and fewer ideal U.S. locations, which may shift mining investments to regions like Canada. Miners are adapting through secondary markets for cheaper rigs, while ASIC manufacturers like MicroBT and Bitdeer are ramping up U.S. production to mitigate tariff impacts, though this process is slow and costly, as reported by industry sources. |
2025-06-26 17:34 |
U.S. Tariffs on Bitcoin Miners: Impact on Costs, Growth, and BTC Market Dynamics
According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on imported ASICs could increase mining costs by 10-50% but are unlikely to halt Bitcoin mining in America. Multiple experts state that tariffs may slow U.S. hashrate growth, leading to a plateau, as miners adapt through secondary markets and manufacturers like Bitmain explore U.S. production. Factors such as AI data center demand and limited ideal U.S. locations could have larger impacts, potentially eroding U.S. dominance in BTC mining. |
2025-06-26 16:49 |
U.S. Tariffs on ASIC Imports Threaten Bitcoin Mining Expansion and BTC Hashrate Growth
According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on ASIC imports could increase mining costs by 10-50% and slow the relative growth of U.S. Bitcoin hashrate, as other countries like Pakistan and Ethiopia expand operations. Jeff LaBerge, head of capital markets at Bitdeer, stated that miners are adapting by focusing on efficiency upgrades for older rigs, creating a $4-6 billion annual market opportunity. Lauren Lin, head of hardware at Luxor Technology, noted miners are using secondary markets to avoid tariffs while ASIC manufacturers explore U.S. production, but competition from AI data centers may further challenge U.S. dominance in BTC mining. |
2025-06-24 17:22 |
U.S. Tariffs Impact Bitcoin Mining Costs and Growth for BTC Miners
According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on imported ASIC miners will likely slow the relative growth of BTC hashrate in America as mining expands globally in countries like Pakistan and Ethiopia. Jeff LaBerge of Bitdeer stated that while tariffs increase costs by 10-50%, miners are adapting through secondary markets and manufacturers are ramping up U.S. production to mitigate expenses. Lauren Lin of Luxor Technology noted ongoing uncertainty in trade policies, and competition from AI data centers is reducing ideal U.S. mining locations, potentially impacting long-term profitability. |
2025-06-24 17:08 |
U.S. Tariffs Impact Bitcoin (BTC) Mining Costs, Hashrate Growth, and Industry Shifts
According to Taras Kulyk, CEO of Synteq Digital, proposed U.S. tariffs on ASIC imports may increase mining costs by 10-50%, potentially slowing U.S. hashrate growth and eroding its global dominance. Jeff LaBerge of Bitdeer stated that miners are adapting through secondary markets and U.S.-based production, but competition from AI data centers could divert resources and reduce expansion opportunities. Lauren Lin of Luxor Technology noted ongoing uncertainty in tariff policies, while Canaan confirmed exploration of U.S. partnerships to mitigate risks. |
2025-06-24 14:01 |
U.S. Tariffs Impact Bitcoin (BTC) Mining Costs, Growth, and Global Competition
According to industry experts cited in the report, U.S. tariffs on imported ASICs could increase Bitcoin mining equipment costs by 10-50%, potentially slowing BTC hashrate growth in America. Taras Kulyk, CEO of Synteq Digital, stated that U.S. hashrate dominance may plateau due to rising global competition from countries like Pakistan and Ethiopia. Lauren Lin, head of hardware at Luxor Technology, noted ongoing uncertainty in tariff policies, with miners adapting through robust secondary markets for pre-owned rigs. Jeff LaBerge of Bitdeer highlighted that efficiency improvements in newer ASICs could offset costs, while competition from AI data centers and diminishing ideal U.S. sites may shift mining investments abroad, affecting BTC production dynamics. |