BREAKING
309d 17h ago

Trump’s New Tariffs Disrupt Bitcoin Mining: Major Challenges for U.S. Industry Amid Supply Chain Strains

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

The recent policy changes announced by former President Trump, effective from April 5th, have introduced **tariffs** on numerous imports, significantly impacting the **Bitcoin mining sector** in the United States. Major mining operations, reliant on **Asian supply chains**, now face increased costs that could alter operational strategies. For example, **Bitmain Technologies**, a prominent player headquartered in Beijing, has notable production facilities in Indonesia, Thailand, and Malaysia, potentially disrupting traditional logistics.

In response to these tariffs, Lin, the hardware director at **Luxor Technology**, disclosed the rapid relocation of over **5,600 Bitcoin mining machines** from Thailand to US soil within a tight 48-hour frame. As the tariffs unfold, companies must navigate a burgeoning economic landscape; Thailand and Malaysia are poised to see tariffs escalate to **36%** and **24%**, respectively, commencing on April 9th. This evolving scenario underscores the urgent need for US miners to adapt to these external pressures while still optimizing their capacity for **cryptocurrency production**.

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