Tariff Pause Spurs U.S. Bitcoin Miner Buying Spree Amid Ongoing Disadvantage
Tariff Pause Spurs U.S. Bitcoin Miner Buying Spree Amid Ongoing Disadvantage
While some import duties are temporarily being suspended, U.S.-based Bitcoin mining companies are increasing their hardware purchases. However, industry experts warn that the present trade policy environment still puts them at a structural disadvantage.
The administration of President Donald Trump has put a halt on tariff increases until July 8, maintaining the base rate of 10% for the majority of trading partners, while imposing a significan...
Comments
Post a Comment