U.S. Crypto Miners Face Tariff Threat: New Import Costs Could Disrupt Operations

American cryptocurrency miners are bracing for potential disruption due to proposed tariffs on imported equipment from Asia, a key source of Bitcoin mining hardware. The U.S. government’s trade policy, which could increase import taxes by up to 36% on goods from Southeast Asian countries like Malaysia and Thailand, threatens to raise operational costs for miners already facing high electricity bills and competitive pressures in the global market. Although a standard 10% tariff is currently in effect, the potential tariff increases on mining equipment have been delayed, but are expected to significantly impact industry operations.