The new commercial tariffs announced by US President Donald Trump may put pressure on the Bitcoin mining system at the local and global levels, according to an executive director in the industry.
While the United States is a home for Bitcoin (BTC) manufacturers such as Auradine, it is still possible to make the entire supply chain, including the United States -based materials, “Kristian Csepcsar, chief marketing official at BraiIins BraiIins BTC, for CointeleGRARPH.
On April 2, Trump announced a comprehensive tariff, a 10 % tariff imposed on all countries issued to the United States and submit “mutual” fees targeting the main commercial partners in America.
Community members discussed the potential effects of definitions on bitcoin, as some said that their influence has been exaggerated, while others see them a major threat.
Definitions are collected from the current mining challenges
Csepcsar said the mining industry is already facing difficult times, referring to major indicators such as BTC.
Hashprice-a measure of the daily mines revenue for each unit of the retail power spent on BTC-lumps to decline since 2022 and decreased to its lowest level ever from $ 50 for the first time in 2024.
According to To the data from Bitbo, Hasprice BTC was still hovering around low levels ever from $ 53 on March 30.
Bitcoin retail since late 2013. Source: Bitbo
“Hashprice is the main metropolitan match that follows them to understand the end result. It is the number of dollars that Tehahsh makes one day. The main profit scale is the lowest level ever.”
He added that the mining equipment tariff was already increasing according to the Biden administration in 2024, and quote Comments from Summer Meng, General Manager at the Crypto Mining Chinese tray.
source: Meng summer
“But they continue to get tougher under Trump,” Csepcsar added, referring to companies such as China-based bitten-the world’s largest ASIC factory-which is subject to new definitions.
The latest Trump measures include an additional 34 % tariff at the top of the current 20 % tax of Chinese mining imports. In response, China It is said Its revenge tariff was imposed on April 4.
BTC mining companies “lose in the short term”
Csepcsar also pointed out that advanced coding chips are currently being widely produced in countries such as Taiwan and South Korea, which was struck by the new customs tariff by 32 % and 25 %, respectively.
He said: “It will take a decade until the United States will lose the manufacture of advanced chips. Thus, again, companies, including American companies, lose the short term.”
source: Jmhorp
Csepcsar also noted that some countries in the Commonwealth region in independent states, including Russia and Kazakhstan, are enhancing mining efforts and can outperform the United States in fragile domination.
Related to: Bitcoin mining using coal power by 43 % since 2011 – Report
“If we continue to see the trade war, these areas with low customs tariffs and the most suitable mining conditions can see a big boom,” Csepcsar warned.
Since newly announced tariffs are likely to hurt Bitcoin mining globally and in the United States, it may become difficult for Trump to maintain his promise to make the United States a global mining leader.
Trump’s position has turned on encryption several times over the years. Since his administration adopts a more supportive agenda, it is still possible to see how the latest economic policies will affect its long -term strategy for digital assets.
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