List of Flash News about mining expansion slowdown
Time | Details |
---|---|
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. |
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. |