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.