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.

According to Crypto Rover, a Trump-backed American Bitcoin company is raising $300 million to invest in large-scale mining equipment acquisitions. This capital injection is expected to strengthen the company’s hash rate and potentially lead to increased Bitcoin network security and mining competitiveness. The move signals growing institutional confidence in US-based Bitcoin mining operations, which may impact Bitcoin price dynamics and trading volumes as new mining capacity comes online. Traders should monitor this development closely for potential short-term volatility and long-term shifts in mining landscape. (Source: Crypto Rover, June 4, 2025)