🏃♂️💨 Chinese Bitcoin Mining Giant 'Flees' to the US! What's the Reason?
Bitmain, Canaan, and MicroBT — the three largest Bitcoin mining rig manufacturers in the world (producing >90% of global rigs!) — are now moving production to the United States. Why? 🔥
All of this is done to avoid import tariffs of up to 30% due to Donald Trump's policies. Bitmain moved first at the end of last year, followed by Canaan and MicroBT after Trump won the presidential election.
🎯 The goal? To save the business from tariff uncertainty & maintain global sales, especially to US customers.
This move could be an important signal: Geopolitics is starting to play a role in the crypto industry!
📢 What do you think? Is this an opportunity or a new risk for the Bitcoin market?
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