๐จ Latest: Chinese Bitcoin mining giants Bitmain, Canaan, and MicroBT begin production in America to avoid tariffs!
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๐ญ The new move:
Major mining companies Bitmain, Canaan, and MicroBT announced plans to launch local production facilities in the United States, in a step aimed at:
โ Avoiding U.S. tariffs
โ Strengthening their presence in the U.S. market
โ Meeting the growing demand for mining equipment
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โ๏ธ Reasons for the move:
โ Trade tensions between the U.S. and China
โ Increasing local support for the mining industry
โ Desire to reduce logistical and manufacturing costs
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๐ Expected impact:
โ May contribute to increasing decentralization in the mining industry
โ Enhance America's position as a major center for Bitcoin mining
โ Support for demand for energy and infrastructure related to crypto
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โDo you think America will become the new capital of Bitcoin mining?
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