Bitcoin miners brace for tariff effects, as the status of ASICs is still to be decided

Bitcoin mining is under strain as US tariffs now impact suppliers in Malaysia, Thailand, and Vietnam. Miners are rushing to ship ASICs to the USA before more tariffs take effect, as they rely heavily on Bitmain’s new S21 mining machines.

While facing tariff uncertainties, US mining companies are expanding their operations. FoundryUSA, the largest mining pool in the US, has maintained over 31% of Bitcoin blocks, reflecting strong hashrate even amid tariff pressures.