Trump’s tariff is already pressure to fight bitcoin mines – Braiins Exec
The new commercial tariffs announced by US President Donald Trump may put pressure on the Bitcoin mining system at the local and global levels, according to an executive director in the industry.
While the United States is the home of Bitcoin (BTCMining manufacture Companies like EuradinIt is still possible to “create the entire supply chain, including the US -based material,” Christian Csepcsar, chief marketing employee at BraiINS BRIINS BTC, for CointeleGRAPH.
On April 2, Trump announced the convergence DefinitionsImposing a 10 % tariff on all countries that are exported to the United States and submit “mutual” fees targeting the main trading partners in America.
Community members discussed the potential effects of definitions on bitcoin, with Some say their influence Exaggeration has been exaggerated, while others see them a great threat.
Definitions are collected from the current mining challenges
Csepcsar said the mining industry is already suffering from difficult times, pointing to major indicators such as BTC retail.
Hashprice-a measure of the daily mines revenue for each unit of the retail power spent on BTC-lumps to decline since 2022 and decreased to its lowest level ever from $ 50 for the first time in 2024.
According to To the data from Bitbo, Hasprice BTC was still hovering around low levels ever from $ 53 on March 30.
Bitcoin retail since late 2013. Source: Bitbo
“Hashprice is the main metropolitan match that follows them to understand the end result. It is the number of dollars that Tehahsh makes one day. The main profit scale is the lowest level ever.”
He added that the mining equipment tariff was already increasing according to the Biden administration in 2024, and quote Comments from Summer Meng, General Manager at the Crypto Mining Chinese tray.
source: Meng summer
“But they are still tougher under Trump,” Csepcsar added. ASIC manufacturer – Which is subject to new definitions.
The latest Trump measures include an additional 34 % tariff at the top of the current 20 % tax of Chinese mining imports. In response, China It is said Its revenge tariff was imposed on April 4.
BTC mining companies “lose in the short term”
Csepcsar also pointed out that advanced coding chips are currently being widely produced in countries such as Taiwan and South Korea, which was struck by the new customs tariff by 32 % and 25 %, respectively.
He said: “It will take a decade until the United States will lose the manufacture of advanced chips. Thus, again, companies, including American companies, lose the short term.”
source: Jmhorp
Csepcsar also noticed that some countries in the Commonwealth region in the independent states, including Russia and Kazakhstan, were Enhancing mining efforts It can outperform the United States in retail dominance.
Related to: Bitcoin mining using coal power by 43 % since 2011 – Report
“If we continue to see the trade war, these areas with low customs tariffs and the most suitable mining conditions can see a big boom,” Csepcsar warned.
Since the newly announced definitions are likely to hurt bitcoin mining at the global levels and in the United States, it may become difficult for Trump to keep his promise The United States made the world mining leader.
Trump’s position on encryption It turned several times over the years. Since his administration adopts a more supportive agenda, it is still possible to see how the latest economic policies will affect its long -term strategy for digital assets.
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