Amodh Shetty
@theamodhshetty
New tariffs can reshape Bitcoin mining! Since ~75% of mining gear comes from China, a 25% tariff could hike machine costs by ~$1,250/unit, forcing many smaller miners out . potentially cutting the U.S. hashrate by 10% and shifting market share to countries abroad. Long-term,This may lead to fewer but bigger mining firms and even prompt local ASIC production
0 reply
0 recast
1 reaction