According to the source, New York lawmakers are advancing a bill to tax Bitcoin miners on the grounds that their electricity use raises residential power bills (source: public social media post dated Oct 3, 2025). The post does not specify tax rates, bill number, or an implementation timeline, limiting visibility for cost modeling and near-term exposure analysis (source: public social media post dated Oct 3, 2025). New York previously enacted a two-year moratorium on certain proof-of-work mining at fossil fuel plants in 2022, underscoring persistent state-level policy risk for BTC mining operations (source: New York State Bill S6486D, enacted Nov 2022).

According to The Kobeissi Letter, a 5.2 magnitude earthquake has struck central Iran, marking the second significant seismic event in the region within a week (source: The Kobeissi Letter, June 20, 2025). Traders are closely monitoring the situation as increased regional instability could influence oil prices and, in turn, crypto market sentiment, especially for assets like BTC and ETH that often react to global geopolitical developments. No immediate reports of major infrastructure damage or mining facility impact have surfaced, but market participants should remain alert to potential aftershocks that could disrupt Iran’s energy supply and indirectly affect cryptocurrency mining operations and transaction costs.

According to The Kobeissi Letter, President Trump has initiated a probe into the necessity of imposing tariffs on critical minerals, a move reported by Bloomberg. This development could significantly affect the cryptocurrency markets, particularly in terms of mining operations which depend heavily on these minerals. Investors are advised to monitor the situation closely as potential tariffs could lead to increased operational costs and impact the supply chain dynamics for crypto mining hardware manufacturers.

According to @RepKeithSelf, recent U.S. strikes against the Houthis, led by President Trump's administration, have successfully eliminated threats and protected American interests. This military action may influence the cryptocurrency markets by potentially increasing geopolitical stability, which can lead to a reduction in market volatility. Investors should monitor any changes in oil prices, as the region's stability could impact energy costs, thereby affecting mining operations and transaction fees in cryptocurrencies.