List of Flash News about mining expansion impact
Time | Details |
---|---|
2025-06-26 22:25 |
Impact of US Tariffs on Bitcoin Miners: Slower Growth but Adaptation for BTC Market
According to Taras Kulyk, CEO of Synteq Digital, US tariffs on ASIC imports from Southeast Asia could increase mining costs by 10-50%, potentially slowing Bitcoin mining expansion in America. Jeff LaBerge of Bitdeer stated that miners are adapting via secondary markets and efficiency upgrades, while manufacturers explore US production. Kulyk noted that US hashrate dominance may erode due to global competition and AI data center demand, impacting BTC mining profitability. |