Trump's New Tariffs Threaten Bitcoin Mining Supply Chain

In Brief:

New U.S. tariffs could disrupt Bitcoin mining hardware imports from Asia.

Firms face tighter deadlines and rising costs, with key suppliers in Thailand and Malaysia hit hardest.

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The U.S. Bitcoin mining industry is bracing for disruption after Donald Trump announced sweeping new tariffs on imports. The policy will impose a baseline 10% tariff on all imported goods starting April 5, with steeper rates of 36% for Thailand and 24% for Malaysia—two key countries in the mining hardware supply chain.

Beijing-based Bitmain Technologies, a major mining rig manufacturer, operates production facilities across Southeast Asia, including Indonesia, Malaysia, and Thailand. U.S.-based companies like Luxor Technology are rushing to adjust. Hardware director Lin revealed that her team had to expedite the shipment of 5,600 mining rigs from Thailand to avoid incoming duties.

With many large Bitcoin miners headquartered in the U.S. but reliant on Asian-made equipment, Trump’s tariff hike could lead to higher operational costs and potential delays in deployment.

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