On August 7, the USA raised tariffs on the import of ASIC miners for Bitcoin mining from Southeast Asian countries, including Indonesia, Malaysia, and Thailand. The new fee is a combination of a 19% reciprocal tariff and a 2.6% base tariff.



What else is known? The increase in tariffs significantly raises the cost of mining installations for American operators, many of whom rely on production centers in Southeast Asia. It is expected to impact procurement strategies and potentially change the geography of global BTC mining.

US miners have expressed serious concern over the increasing financial pressure. Ethan Vera, the COO of Luxor Technology, noted a significant drop in domestic demand and a growing interest in relocating operations to countries with more favorable import and energy supply conditions, such as Canada and Russia.

Currently, four out of the five largest miners by market capitalization are American companies: Marathon Digital (MARA), Riot Blockchain (RIOT), Core Scientific (CORZ), and CleanSpark (CLSK).
BTC-0.83%
CORE-2.01%
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