Bitcoin Miners Face Tariff Hurdle, Opt for Charter Flights to Avoid Costs

As Bitcoin miners grapple with rising costs due to new tariffs imposed by President Trump, they’re scrambling to secure essential equipment. Starting April 9th, ASIC prices are set to increase by up to 36%, impacting U.S. hash rate growth and prompting miners to seek alternative locations. The industry is facing a time crunch as many businesses are using chartered flights to transport critical hardware components before the tariffs take effect. These costly flights, averaging $3.5 million per trip, are becoming a necessity for some companies in the face of substantial tariff increases.