Mining News

Bitcoin mining expanded in the United States at risk with tariffs of equipment imports

The latest Trump tariff may turn to China the global bitcoin mining industry abroad, as local miners face increasing installments on devices.

Bitcoin (BTC) Mining may soon turn out, as American miners face high costs of devices. On Wednesday, April 9, a new report issued by the CEO of Hashlabs Mining Jaran Mellerud highlighted the economic impact of the American definitions on the local encryption mining industry. According to the reportThese definitions can increase the costs of mining equipment in the United States by at least 22 % compared to other countries.

Specifically, miners in the United States rely heavily on the devices imported from Asian countries such as China, Indonesia, Malaysia and Thailand – all of which are now under at least 24 % of the tariffs on all goods, including mining platforms.

American definitions on bitcoin mining equipment according to the country of origin source: Hashtags

Even in the most suitable scenario – the sources exclusively from Malaysia, which face the lowest rate – the equipment costs will continue to increase by 24 %. However, this scenario is unrealistic, as American imports come from a mixture of suppliers throughout the region. It is worth noting that the numbers mentioned in the report are not interpreted yet The last 50 % tariff picnic On Chinese goods, which raise the total tariff rate to 104 %.

However, there is a reserve of mining equipment in the United States, which will lead to low prices. Since these shares are exhausted, miners are likely to pay a bonus between 22 % and 36 % for equipment, compared to other countries. These numbers come from Ethan Vera, CEO of Luxor Crypto Mining Company, and are echoed in the Heshlabs Mining Report.

American miners rushed to import platforms before definitions

This report is in line with the previous concerns by those familiar with the industry. Gadi Glikberg, CEO of Codestream, stated that while the definitions will slow down Below From the American mining industry. Due to the cost of equipment that affects its return on investments, it is unlikely to be additional expansion plans.

“The newly imposed definitions are unlikely to have a mass migration. However, it may slow down or redirect expansion plans, as miners re -evaluate the long -term efficiency of the scaling processes within the United States,” “Gadi Glikberg, CEO of Codestream.

Taras Colic, CEO of MININING EQUIPMENT BROKERARAGE SYNTEQ DIGIOL, revealed that his company was working to rush in the delivery processes before valid.

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