📉 Digital Impact of the U.S. Trade War on Bitcoin Mining
🇺🇸 The U.S. trade war increases the cost of Bitcoin mining, especially due to tariffs on equipment like ASICs, which raise costs by up to 35%. This reduces the profitability of U.S. miners and hinders the expansion of farms in key states. As a result, many operations are relocating to countries without these barriers, such as Canada and Russia. Ironically, this economic tension could boost Bitcoin as a refuge against the dollar.
#TrumpTariffs #WhiteHouseDigitalAssetReport #ProjectCrypto #MarketPullback #BinanceSquare