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tariffs disrupt bitcoin mining supply chains and raise costs for companies
President Trump's new tariff plan is disrupting the bitcoin mining sector, particularly in Asia, with a minimum 10% tariff on all exporters starting April 5, and additional levies on Thailand and Malaysia. Bitcoin mining firms, like Luxor Technology, are racing to ship thousands of machines to the US before the tariffs take effect, while US-listed companies face stock drops. The tariffs on key components are expected to increase capital expenses for North American miners amid a cooling market.
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