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Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

cryptoweekly by cryptoweekly
April 4, 2025
in bitcoin, News
0

“It will take a decade for the US to catch up with cutting-edge chip manufacturing,” Braiins chief marketing officer Kristian Csepcsar said.

The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive.

While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it’s still “not possible to make the whole supply chain, including materials, US-based,” Kristian Csepcsar, chief marketing officer at BTC mining tech provider Braiins, told Cointelegraph.

On April 2, Trump announced sweeping tariffs, imposing a 10% tariff on all countries that export to the US and introducing “reciprocal” levies targeting America’s key trading partners.

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  • Reddit weighs World’s scanning orbs for user verification — Report
  • Thai SEC opens consultation period for token issuance rules
  • Crypto Biz: AI money rush could reshape digital asset industry
  • Norway’s government explores crypto mining ban amid energy supply concerns
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