President Trump’s new retaliatory tariffs on imported equipment in Asia have significantly increased the cost of US bitcoin mining, while mining companies are struggling in supply chains, with some showing that BTC prices may face short-term pressure due to miners’ distress.
Our “Replay China’s 2021 Bitcoin Mining Ban”
President Donald Trump and the U.S. government imposed up to 145% tariffs on high-tech equipment imported from China, including bitcoin mining rigs, which have made many industries in the industry likened it to a “replay of China’s 2021 Bitcoin mining ban.”
Not only China, but several Asian countries involved in the supply chain and assembly of mining machines will also face higher tariffs.
Bloomberg said many U.S.-based Bitcoin mining companies were eager to import equipment before the tariffs came into effect, and some even rented private jets to transport mining rigs, which caused the cost of $2 million to $3.5 million, twice to four times the usual cost.
Read more: Crypto Market Jumps Back After Trump’s Tariff Delays Blockbuster
However, this impulse is only a temporary solution. Starting April 9, the price of Bitcoin mining equipment is expected to rise, especially for drilling rigs from China, which still dominates the global supply chain.
“Combined with the pressure of retaliatory tariffs, mining rig prices will rise further and miners’ profit margins will be increasingly compressed,” Braiins’ CSEPCSAR said.
Hashrate Index – Source: Thanh Nien Times
Bloomberg also reported that the world’s two largest Bitcoin mineral rig manufacturers – Bitmain and Microbt, were forced to adjust their supply chains to relocate some of the assembly operations to countries such as Malaysia or Eastern Europe.
Meanwhile, U.S. major mining companies such as Riot Platforms and Marathon Digital also saw a slight decline after news of new tariffs.
Bitcoin Miner – Source: Bloomberg
The United States may no longer lead the Hashirat special race
This raises the question: Does the United States currently account for nearly 40% of the world’s Bitcoin Bridge Rock, pushing itself to lead?
When a country controls a large amount of hashates, it can:
- Create jobs and contribute to GDP through infrastructure investment, power generation and ancillary services.
- Use excess electricity to turn mining into a tool to stabilize the national grid.
- Attract international investment in investment in areas such as technology, AI and renewable energy.
Losing this advantage can not only weaken the domestic mining industry in the United States, but also weaken the country’s role in the global digital finance ecosystem. Competitors such as Russia and Kazakhstan can gradually regain market share.
“If the trade war continues to escalate, areas with low tariffs and favorable conditions may experience significant increases,” CSEPCSAR said.
However, both regions face political or legal risks, keeping investors alert to hashrate attention in areas with less transparency.
Luxor pointed out that U.S. miners will not shut down Jaran Mellerud any time soon because tariffs only affect new equipment. Therefore, he believes that the entire hashrate in the United States has not declined, but its growth has slowed down.
A few days ago, Donald Trump imposed large-scale tariffs on Bitcoin mining machines imports to the United States 🇺🇸
This could have a huge impact on the entire Bitcoin mining industry.
Continue reading to learn more🧵👇 pic.twitter.com/cbg37rnq7n
— Jaran Mellerud (@jmellerud) April 8, 2025
However, increased tariff pressure on Bitcoin miners may affect the price of BTC in the short term.
Bitcoin is sensitive to Hashrat offsets and may decline if the supply chain breaks down or miners move to unstable areas. Slower hardware investments and unstable supply chains may put downward pressure on BTC in the near term.
Observers warn that the rise in Hashrat in Russia or Kazakhstan could increase the risk of policy control and transparency issues.
in conclusion
If the U.S. keeps its current rock-loading and supply chains adapt smoothly, BTC may see a modest recovery. Conversely, if Hashrate is transferred abroad, especially in areas with political risks, BTC may see a modest recovery. The price of BTC may continue to decline or be highly volatile.
More broadly, tariff tensions show that geopolitical tug-of-war wars are growing on the backbone of computing power finance. Now, Bitcoin Hashrate sends a signal of digital sovereignty, not just technical strength. Mining dominance allows countries to influence energy, upgrade and crypto policies, which is more than just price transfers.
Read more: In: Ethereum falls sharply to its lowest point in 2024-2025
