According to one industry director, recent trade tariffs announced by the US President Donald Trump can exert additional pressure on Bitcoin mining ecosystem both in the country and around the world.
While the United States is home for Bitcoin production companies (BTC), such as Auradine, it is still not possible that the entire supply chain, including materials, in the USA, “said Cointelegraph Kristian Csepcsar, marketing director of BTC Mining Tech.
On April 2, Trump announced wide tariffs, putting a 10% tariff to all countries that export to the US and introducing “mutual” fees addressed to America’s key trade partners.
The community members debated the potential influence of tariffs on bitcoins, and some claim that their influence was overstated while others consider them a serious threat.
The tariffs combine existing mining challenges
CSEPCSAR said that the mining industry is already experiencing difficult times, pointing to key indicators such as HashPrice BTC.
HashPrice-Miara of the daily revenues of Górnik per unit of hash current spent on the extraction of BTC-Spad blocks from 2022 and for the first time in 2024 fell to the lowest $ 50.
According to For data with bitbo, HashPrice BTC still floated around low levels of USD 53 on USD 53.
Bitcoin Hashprice since the end of 2013. Source: bitbo
“HashPrice is a key metric miners to understand their results. How many dollars one Tehash does a day. A key profitability indicator, and this is in history,” said CSEPCSAR.
He added that the mining equipment tariffs were already growing as part of the Biden administration in 2024 and quoted Comments Summer Meng, General Director at the Chinese Bitmars cryptographic extraction supplier.
Source: My summer
“But they become more severe under Trump’s rule,” CSEPCSAR added, referring to companies such as Bitmain based in China-the world’s largest manufacturer ASIC-which is subject to new tariffs.
Trump’s latest funds include 34% of the additional tariff in addition to the existing 20% fee for the import of Chinese mining. In response, China apparently He applied his own retaliation tariffs on April 4.
BTC mining companies for “losers in the miniature period”
CSEPCSAR also noted that the most modern cryptographic extraction systems are currently mass -produced in countries such as Taiwan and South Korea, which have been affected by 32% and 25% tariffs, respectively with new tariffs.
“Union will last ten years to catch up in the production of chip. Again, companies, including American ones, will lose in a miniature period of time,” he said.
Source: Jmhorp
CSEPCSAR also noted that some countries of the community of independent nations, including Russia and Kazakhstan, strengthened mining efforts and can potentially overtake the US in Hashrate domination.
Related: Bitcoin mining using coal energy has dropped by 43% since 2011 – report
“If we still see a trade war, these regions with low tariffs and more favorable extraction conditions can see a enormous boom,” Csepcsar warned.
Because the newly announced tariffs have potentially hurt the extraction of bitcoins both around the world and in the USA, Trump can be more difficult to keep the promise to make the US a global mining leader.
Trump’s position on cryptocurrencies has changed many times over the years. When its administration adopts a more pro-digit program, it turns out how the latest economic policies will affect its long-term digital assets strategy.
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