The definitions of the supply chain from Bitcoin mining currencies are disrupted in Asia

[KUALA LUMPUR] Lauren Lynn is in a hurry. It has less than 48 hours to charge about 5600 Bitcoin mining machines from Thailand to the United States before defining in a country of Southeast Asia by President Donald Trump.

“Today we are only stumbling,” said Lin, President of Hamor Technology, a Bitcoin Mining Company and Services. “Ideally, we can rent a trip and transport machines – just try to be as creative as possible to get these machines.”

Its efforts confirm the turmoil facing the Bitcoin Mining Sector after the announcement of the Trump tariff. Industry was arrested in the middle of Trump’s trade war, with many of the largest miners in the United States and the rooted supply chain in Asia. Miners use specialized computers to solve sports puzzles to get an opportunity to verify transactions and gain bonuses in Bitcoin.

Trump said on Wednesday (April 3) that he will apply at least 10 percent to all exporters to the United States from April 5, while he slapped additional duties on about 60 countries with the largest commercial imbalances with the United States. Thailand and Malaysia are subject to a harsh film of 36 percent and 24 percent, respectively, which will get April 9.

The shares of bitcoin mines listed in the United States, including Mara Holdings and Cleanspark, decreased in post -hours trading after the Trump tariff was announced. Taras Colic, CEO of Synteq Digital, one of the largest inter -mining brokers, said the latest customs tariff “will do continuous growth in the sector.”

Bloomberg News has stated that the Bitcoin -based bloody techniques, which are the largest bitcoin mining factory, have production lines in Indonesia, Malaysia and Thailand. Manufacturing was transferred to the region after Trump put the customs tariff on electronics and other goods imported from China in 2018.

The bell photo did not immediately respond to a request for comment.

The UK’s encryption workers have already faced a delay receiving a delivery of new equipment since Trump’s electoral victory, after the Republicans pledged the campaign to care for the industry to ensure that Bitcoin is “made in the United States.”

Manufacturing giants in the industry try to respond. On December 9, Bitmain announced the launch of an American facility, without revealing its exact location. A riot spokesman told Bloomberg News earlier that Microbt, the competing Chinese manufacturer, has been concluded by purchase agreements with Riot Blockchain that benefit from American manufacturing sites of the sellers.

Luxor announced in December a $ 131 million purchase agreement for Microbt’s WhatsMiner’s WhatsMiner machines – known as ASIC – in a deal that he said is in line with Microbt’s expansion in the United States, which includes “beach assembly”.

These efforts are unlikely to protect the entire Asic buyers from high costs. “If new import duties hit major ingredients, we may see a higher head for mining operators in North America,” said Wolf Zhao, head of research at Theminermag. “This would add more pressure to the cooling market.”

Lin Lucor said the cost of the machine is a large part of the capital expenses of miners workers in encryption, and operators are now facing an increase of more than 20 percent in purchase expenses. “This means that their investment return will be severely affected,” she added. Bloomberg