The trade war led by the United States has had a significant impact on the Bitcoin mining industry, with controversies involving Customs and Border Protection (CBP) potentially exposing U.S. companies to substantial liabilities.
This is the main conclusion of The Miner Mag's latest Bitcoin mining update report, which examines how mining companies navigate a complex tariff environment shaped by ongoing U.S.-China trade tensions.
As the White House modifies tariff rates on several Asian countries, the report indicates that the effective tariff on mining machines from China is now 57.6%, while those from Indonesia, Malaysia, and Thailand face a tariff of 21.6%.
The Miner Mag also revealed that two U.S.-listed mining companies, IREN and CleanSpark, recently received invoices from CBP, accusing them of sourcing some of their equipment from China.
CleanSpark warned that it could face potential liabilities of up to $185 million, while IREN is contesting another $100 million dispute with the agency.
In addition to tariffs, the report states that mining revenues "remain under pressure," with the network's hash rate price still below 60 PH/s, and transaction fees dropping to below 1% of block rewards.
In the trade war, American Bitcoin, supported by members of President Donald Trump's family, exercised an option earlier this month to acquire over 16,000 mining machines from the Chinese manufacturer Bitmain. As reported by Cointelegraph, the deal excluded any potential impact of tariffs on pricing.
The Bitcoin mining industry faces ongoing adaptation pressures—dealing with rising costs, shrinking profit margins, and increasing regulatory risks. The ongoing trade war has only accelerated this trend, pushing miners to become more complex importers while diversifying their supply chains.
Some analysts believe that U.S. tariffs on mining equipment may suppress domestic demand for mining machines, potentially giving an advantage to overseas operators. However, the ultimate impact will depend on the evolution of U.S. tariff policies.
In terms of hardware, Chinese manufacturers Bitmain, Canaan, and MicroBT have begun establishing facilities in the U.S. to mitigate the impact of escalating tariffs.
Canaan's strategy is particularly notable: the company has not only relocated its headquarters to Singapore but has also announced U.S. investments aimed at circumventing trade barriers.
Related: Michael Saylor changes MSTR issuance strategy, Strategy stock hits a 4-month low
Original article: “CleanSpark and IREN Report Huge Liabilities Due to Rising U.S. Mining Tariffs”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
