List of Flash News about U.S. mining industry
Time | Details |
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2025-06-24 17:22 |
U.S. Tariffs Impact Bitcoin Mining Costs and Growth for BTC Miners
According to Taras Kulyk, CEO of Synteq Digital, U.S. tariffs on imported ASIC miners will likely slow the relative growth of BTC hashrate in America as mining expands globally in countries like Pakistan and Ethiopia. Jeff LaBerge of Bitdeer stated that while tariffs increase costs by 10-50%, miners are adapting through secondary markets and manufacturers are ramping up U.S. production to mitigate expenses. Lauren Lin of Luxor Technology noted ongoing uncertainty in trade policies, and competition from AI data centers is reducing ideal U.S. mining locations, potentially impacting long-term profitability. |
2025-06-24 17:08 |
U.S. Tariffs Impact Bitcoin (BTC) Mining Costs, Hashrate Growth, and Industry Shifts
According to Taras Kulyk, CEO of Synteq Digital, proposed U.S. tariffs on ASIC imports may increase mining costs by 10-50%, potentially slowing U.S. hashrate growth and eroding its global dominance. Jeff LaBerge of Bitdeer stated that miners are adapting through secondary markets and U.S.-based production, but competition from AI data centers could divert resources and reduce expansion opportunities. Lauren Lin of Luxor Technology noted ongoing uncertainty in tariff policies, while Canaan confirmed exploration of U.S. partnerships to mitigate risks. |
2025-06-24 14:01 |
U.S. Tariffs Impact Bitcoin (BTC) Mining Costs, Growth, and Global Competition
According to industry experts cited in the report, U.S. tariffs on imported ASICs could increase Bitcoin mining equipment costs by 10-50%, potentially slowing BTC hashrate growth in America. Taras Kulyk, CEO of Synteq Digital, stated that U.S. hashrate dominance may plateau due to rising global competition from countries like Pakistan and Ethiopia. Lauren Lin, head of hardware at Luxor Technology, noted ongoing uncertainty in tariff policies, with miners adapting through robust secondary markets for pre-owned rigs. Jeff LaBerge of Bitdeer highlighted that efficiency improvements in newer ASICs could offset costs, while competition from AI data centers and diminishing ideal U.S. sites may shift mining investments abroad, affecting BTC production dynamics. |