BTCC
/
BTCC Square
/
Cryptoslate
/
Trump’s 21% Bitcoin Mining Rig Tariff Shocks US Industry—Can Miners Adapt?
Trump’s 21% Bitcoin Mining Rig Tariff Shocks US Industry—Can Miners Adapt?
12
2
US Bitcoin miners just got slapped with a 21% hardware cost hike—thanks to Trump’s new tariff. No grace period, no loopholes. Just a gut punch to an industry already battling razor-thin margins.
Rigged against them? Mining ops now face a brutal calculus: swallow the extra costs, shift operations overseas, or gamble on outdated gear. Meanwhile, Wall Street analysts shrug—'just another Tuesday in crypto volatility.'
The real kicker? This move might backfire spectacularly. Push miners out of the US, and kiss those juicy energy deals goodbye. But hey, since when did politics ever understand hash rates?
By:
