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Time Details
2025-06-26
19:11
How US Tariffs Impact Bitcoin Mining Costs and Future Growth for BTC Miners

According to Taras Kulyk, CEO of Synteq Digital, US tariffs on ASIC imports could increase mining costs by 10-50%, potentially slowing Bitcoin mining expansion in America. Kulyk stated that US hashrate dominance, currently over 40% globally, may erode as countries like Pakistan enter the mining space. Jeff LaBerge of Bitdeer emphasized that competition from AI data centers and limited ideal US locations pose greater risks, leading miners to focus on efficiency with newer rigs like Bitmain's models. Lauren Lin of Luxor Technology noted miners are adapting via secondary markets, while ASIC manufacturers ramp up US production to mitigate tariff impacts.

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