American definitions raised the rush to obtain bitcoin mining equipment from Asia

(April 17): For about a week, Bitcoin mining companies in Southeast Asia faced a consumer deadline: midnight, April 9.

“This time, for the rest of my life, will be completely engraved in my memory,” said Christopher Persell, president of Sealion Cargo, a Canadian recharge company.

US President Donald Trump revealed an unexpectedly mutual tariff plan, 36 % slapped duties, 32 % and 24 % on Thailand, Indonesia and Malaysia, respectively. The three have become axes to collect and distribute encryption mining machines. Persons in the United States faced these alleged “fossils” with great financial success-what Berschel and his crew were unable to get them out by cutting April 9.

In the frenzy that followed, Celon helped rent five aircraft while overseeing dozens of trucks and boats to charge 330 million US dollars (1.46 billion Rangeette Malaysian) of equipment from Thailand, Malaysia and Indonesia to the United States.

“With more than 80 million US dollars of a possible introductory exposure to the test, every trip, truck and plate that touched one task was: Overlooking the Customs Tariff Hour,” Percycl said.

After that, on April 9, Trump announced a temporary stop of 90 days on the higher definitions that were identified to strike dozens of commercial partners, making the entire episode unlawful, albeit expensive. Miners of miners spent up to four times what they can usually on air conditions and possibly 20 times the cost of charging the ocean, according to a person familiar with the issue that it requested not to specify because the costs are confidential.

What ultimately turned into an unnecessary race to overcome the deadline of the tariff confirms the extent of its challenge-cost-American companies to reformulate global supply chains in order to avoid the financial pain resulting from Trump’s constantly changing policies. For encryption mining, customs tariff threats are particularly disturbed due to the presence of a few machines that can perform the high -performance computing type needed to earn money in the competitive industry.

All of this creates a firmly contradictory business environment with the friend of the friend’s pledge to encrypt on the campaign’s trail of US mining companies such as Bitcoin “is made in the United States of America.”

The encryption mines depends heavily on Chinese suppliers such as Bitmain Technologies Ltd, which, despite its headquarters in Beijing, directs many machines across Southeast Asia. The US buyers have already faced a delay in receiving new mining equipment since Trump’s electoral victory amid a large scrutiny in the form of points.

The company, CEO of MINING Hardware Sustomer and Consultant Synteq Digital.

However, it is not clear how long these exemptions will continue. While the United States revealed during the weekend that it excludes a group of electronics from 145 % of the customs tariffs in China and a 10 % stable rate worldwide, Trump later reduced the exemptions as a procedural step in pushing him to re -trade the United States. He said on Monday that he would continue to apply definitions to phones, computers and popular consumer electronics, and that his decision will come soon.

Its president and CEO of Leo Lu said that the United States BitFufu Inc will remain profitable even if Malaysian imports are hit by 24 % on Malaysian imports. “However, we are still hoping that there will be ways to reduce the burden of customs tariffs, bring more vitality to this industry and attract more investment in the American mining sector,” added.

The 24 -hour race caused by the Trump tariff was not confined to Asia. Vishnu Mackechery, Director of Logistics and Global Services at Compass Mining Inc, had to list 3000 units on the Canadian border after the April 2 announcement – all during the sorting of the parts that originated in China, Thailand and other places.

“It is difficult to make commercial decisions in this type of climate due to the extent of the liquid of many definitions,” said McKenshiri. “It changes, not even on a daily basis-it changes every hour.”

However, Southeast Asia was the heart of the storm. There, the urgency was clear.

Bitmain has a factory called PT Aohai Technology Indonesia on the island of Batam – part of the free trade area in the region – where it collects and charges its products, according to two people familiar with the matter. Bitmain did not respond to a request for comment.

Eas Freight Services, in only one day notification, was arranged to obtain a gut full of mining equipment for sailing from the Indonesian island to the nearby Singapore, where the shipment was loaded on the planes and transported to the United States, according to Heer Winata, the company’s manager. EES also rented a plane to fly machines from Batam to Kuala Lumpur, but it faced delays when discovering the absence of a forklin at Al -Jazeera airport and therefore there is no way to load the plane.

Lauren Lin, head of devices at Luxor Technology, said that the company has brought about 3000 units – its own and its partners – from Thailand to the United States since the April 2 announcement.

The Managing Director of World Air Logistics Worawut PakdeesattayAphong had 57 truck flights to and from a warehouse near Bangkok to branch three rented aircraft with encryption platforms.

Two aircraft began on April 7 and the third-after what Pakdesattayaphong described it as “uncompromising operations” throughout the night-on April 8, just what everyone thinks at that stage is the right time.

It was raised by Chng Shear Lane