CleanSpark faces a possible tariff of 185 million dollars on imported Bitcoin mining equipment

According to Foresight News, the American cryptocurrency mining company CleanSpark faces a possible punitive tariff of up to 185 million dollars. U.S. Customs has identified some of the Bitcoin mining machines imported by CleanSpark between April and June 2024 as originating from China. CleanSpark has denied these allegations, stating that its procurement contracts and supplier documents indicate that the machines are not manufactured in China. The company is determined to challenge the charges.

The report also highlights a similar situation faced by another mining company, IREN, which was involved in a dispute over imported equipment, with the amount in question reaching 100 million dollars. The CleanSpark case underscores the ongoing challenges in the cryptocurrency mining industry related to import regulations and tariffs.