Mars Finance News: Trump has announced reciprocal tariffs, and domestic US Bitcoin mining companies may not be optimistic about the tariffs, as they have always directly imported mining machines from the Asian market. Mitchell Askew, chief analyst at Blockware Solutions, said: "Tariffs will have a huge impact on Bitcoin mining companies, and it is expected that overseas mining machine supplies will be squeezed, thereby increasing demand for domestic mining machines. If combined with the rise of BTC, we may see ASIC mining equipment prices rise 5 to 10 times like in 2021." Blockware CEO Mason Jappa also stated that tariffs will have a significant impact on the Bitcoin mining industry, pointing out: "Currently, most Bitcoin mining servers are imported from Malaysia/Thailand/Indonesia, and mining machines that have already arrived in the US will become more valuable." Some Bitcoin mining companies have been racing to import mining machines before US tariffs are imposed. Lauren Lin, hardware head of Bitcoin mining software company Luxor Technology, even hopes to charter a plane to transport mining machines into the United States. (Cointelegraph)
Analysis: Trump's tariffs have a huge impact on US Bitcoin mining companies, and may stimulate a short-term surge in mining machine imports
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