List of Flash News about crypto mining competition
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2025-06-26 21:15 |
U.S. Tariffs Impact on Bitcoin Miners: Costs, Growth Slowdown, and BTC Market Shifts
According to industry experts cited in the article, U.S. tariffs on ASIC imports from Southeast Asia will increase costs by 10-50%, slowing Bitcoin mining expansion in America but not ending it, as miners adapt through secondary markets and manufacturers explore U.S. production. Taras Kulyk, CEO of Synteq Digital, stated that U.S. hashrate dominance will plateau due to global competition and other factors like AI data center growth, while Jeff LaBerge of Bitdeer highlighted efficiency improvements as key for future profitability amidst rising challenges. |