<ul><li>Trump's new tariffs on foreign imports, particularly from China, could increase operational costs for the US crypto mining industry.</li><li>A key area of concern for crypto miners is the importation of ASIC (Application-Specific Integrated Circuit) hardware, which is critical for the mining of Bitcoin and other proof-of-work cryptocurrencies.</li><li>The US mining industry heavily relies on imported ASICs, many of which are manufactured in China, so any additional tariffs on Chinese goods would directly affect the availability and cost of these crucial components.</li><li>The potential impact of tariffs on the US mining industry includes increased costs, supply shortages, and slower industry growth.</li></ul>

Trumps’s ‘Liberation Day’: Good or Bad for Crypto Mining?

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