Viewpoint: Trump tariffs may cause short-term losses for domestic Bitcoin mining companies in the United States

Odaily Planet Daily News: Trump's announcement of new trade tariffs may put additional pressure on the global Bitcoin mining ecosystem. Kristian CsEPCsar, Chief Marketing Officer of BTC mining technology provider Braiins, said that high-end chips used in cryptocurrency mining are currently being produced in large quantities in Asian countries/regions, which have been hit by tariffs. The United States will need ten years to catch up with cutting-edge chip manufacturing, so domestic mining companies in the United States may suffer losses in the short term. Some countries, including Russia and Kazakhstan, have been strengthening their mining efforts and may surpass the United States in terms of hash rate dominance. （Cointelegraph）