The US government has imposed a 19 per cent import tariff on bitcoin miners from South East Asia, bringing the total tax rate for Indonesian, Malaysian and Thai miners to 21.6 per cent. The current rate for Chinese miners is 57.6 per cent, but the US and China have agreed in principle to extend the tariff suspension for 90 days.
Luxor Technology, a mining company, said high tariffs would curb growth in the US market, prompting miners to move to lower-tax jurisdictions such as Canada. Mining machine makers are expanding domestic capacity, and companies such as MicroBT have established production lines in the United States. Data show that the US import tax rate for mining machines has risen sharply from 2.6% before Trump took office, making it one of the most expensive regions in the world to import mining machines.
The United States increases mining machine import tariffs, causing mining companies to expand overseas
2025-08-06 14:27:47
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