BREAKING
312d 10h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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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