Viewpoint: US ASIC mining machine prices may rise by 5-10 times due to tariffs, and mining companies are accelerating imports to cope with the crisis
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2025-04-04 12:01 2,460
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Golden Finance reported that Trump's introduction of a series of tariff measures has caused the market to fall into chaos. Industry insiders believe that the US crypto mining companies may be affected because they are directly affected by the rising prices of mining machines imported from the Asian market. Mitchell Askew, chief analyst at Blockware Solutions, said that as overseas supply will be squeezed by tariffs and the price of Bitcoin rises, Bitcoin mining companies may increase by 5-10 times. CEO Mason Jappa also said that tariffs will have a significant impact on the Bitcoin mining industry, as most of the U.S. mining machine imports come from Malaysia/Thailand/Indonesia.
At present, local mining companies in the United States have begun to accelerate import response to the crisis. Lauren Lin, head of hardware at Luxor Technology, a Bitcoin mining software company, revealed that under ideal conditions, they might choose to charter the flight to transport the mining machine to the United States.