#CryptoTariffDrop BTCvsMarkets Crypto Emergency! Is Trump CRUSHING Bitcoin Mining with Tariffs? #DisasterInProgress
Donald Trump’s decision to slap a 34% tariff on Bitcoin mining equipment from Chin4 has sparked panic in the industry. Small U.S. companies are scrambling to survive as costs skyrocket while industry giants gear up to dominate the market.
Only the strongest will survive! Zach Bradford, CEO of CleanSpark, warns: "This will concentrate power in the hands of a few" , threatening Bitcoin’s decentralized core.
Independent miners 💻, already battered by collapsing hashprice 📉, face extinction.
Escape to AI? Companies like Bitfarms and Riot Platforms are pivoting to artificial intelligence to stay afloat, but the