How Trump's Tariffs Could Affect U.S. Bitcoin Miners
5 Articles
5 Articles
How Trump's Tariffs Could Affect U.S. Bitcoin Miners
President Donald Trump said at a 2024 campaign event that he wanted all remaining bitcoin, about 1.15 million units out of the original 21 million supply, to be mined in America. While this pledge was impractical, as well as counterproductive to Bitcoin’s decentralized ethos, the message was clear: the U.S. was going all in on bitcoin mining. Fast forward to April 2025 and this pledge seems downright silly. As a result of his unprecedented poli…
US tariffs: US tariffs set off rush to get Bitcoin mining gear from Asia - TECHTELEGRAPH
For about a week, Bitcoin mining firms in Southeast Asia faced an all-consuming deadline: midnight, April 9. freight forwarding business. US President Donald Trump had just unveiled an unexpectedly punitive reciprocal tariff plan, slapping duties of 36%, 32% and 24% on Thailand, Indonesia and Malaysia, respectively. All three have become hubs for the assembly and distribution of crypto mining machines. US-based buyers of these so-called “rigs” f…
U.S. Bitcoin Mining Was On The Rise. Then Came Trump’s Tariffs
Posted April 18, 2025 at 10:16 am EST. President Donald Trump said at a 2024 campaign event that he wanted all remaining bitcoin, about 1.15 million units out of the original 21 million supply, to be mined in America. While this pledge was impractical, as well as counterproductive to Bitcoin’s decentralized ethos, the message was clear: the U.S. was going all in on bitcoin mining. Fast forward to April 2025 and this pledge seems downright sill…
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