The tariffs from the Trump administration might lead to a significant drop in demand for Bitcoin mining rigs in the US, prompting manufacturers to offload surplus stock and lower prices internationally.
As US mining operations face increased costs and a projected 22% price rise for mining rigs, non-US miners could seize this opportunity to expand, potentially increasing their share of Bitcoin’s total hashrate.
Despite the potential for lower rig prices abroad, the overall uncertainty from the tariffs raises concerns about long-term investment confidence among US Bitcoin miners.
Leave a Reply