List of Flash News about Bitcoin mining tariffs
Time | Details |
---|---|
2025-06-24 18:19 |
U.S. Tariffs Impact on Bitcoin (BTC) Miners: Key Changes and Market Implications
According to CryptoMichNL, U.S. tariffs on imported ASICs could increase costs for Bitcoin miners by 10-50%, potentially slowing the growth of U.S. hashrate but not ending its dominance, as stated by Taras Kulyk, CEO of Synteq Digital. Kulyk noted that while the U.S. remains the largest global source of BTC hashrate, its growth may plateau due to expansion in countries like Pakistan and Ethiopia. Jeff LaBerge of Bitdeer emphasized that competition from AI data centers is a larger threat, diverting resources and pushing miners towards efficiency improvements, which could affect BTC supply dynamics and mining profitability. |
2025-06-24 16:05 |
How U.S. Tariffs Impact Bitcoin (BTC) Mining Costs and Global Hashrate Growth
According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on ASIC imports may raise mining hardware costs by 10-50%, slowing Bitcoin hashrate expansion in the U.S. and shifting dominance to countries like Pakistan and Ethiopia. Miners are adapting through secondary markets and local production, while competition from AI data centers and diminishing ideal sites could accelerate efficiency-focused strategies, as Jeff LaBerge of Bitdeer noted. This could plateau U.S. hashrate growth but not end mining, with long-term shifts toward global diversification and rig efficiency upgrades. |