$BTC Costs of Crypto Mining Hardware ⚡**

- Tariffs on ASICs manufactured in China (Bitmain, MicroBT) could increase the prices of mining platforms.

- **Optimistic for established miners** (RIOT, MARA) if competition decreases.

- **Pessimistic for small miners** facing higher installation costs.

2. **AI Tokens & DePIN (RNDR, AKT, TAO) 🤖**

- GPUs/TPUs may become more expensive, harming decentralized computing projects.

- **Possible short-term decline**, but long-term demand for decentralized AI could **INCREASE** if centralized providers (like NVIDIA) face supply constraints.

3. **China's Retaliation = Bitcoin Liquidity Risk 🇨🇳**

- If China restricts rare metals (used in hardware), mining and AI projects suffer.

- **BTC could fall** if selling pressure from miners increases.