List of Flash News about cryptocurrency tariffs
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2025-06-28 06:04 |
Impact of U.S. Tariffs on Bitcoin (BTC) Mining: Costs, Growth Slowdown, and Adaptation Strategies
According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on ASICs could increase costs by 10-50% and slow bitcoin mining expansion, potentially causing U.S. hashrate to plateau as countries like Pakistan and Ethiopia grow. Lauren Lin from Luxor Technology stated miners are adapting through secondary markets and U.S. production, while Jeff LaBerge of Bitdeer highlighted efficiency improvements and AI competition as larger factors affecting profitability and jurisdiction choices. |