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Opinion: The price of ASIC mining machines in the United States may increase by 5-10 times due to tariffs, and mining companies are accelerating imports to cope with the crisis."

Internet reports that Trump introduced a series of tariff measures that have plunged the market into chaos. Industry insiders believe that U.S. local crypto mining companies may be affected because they are directly affected by the price of imported mining machines from the Asian market and may rise. Mitchell Askew, chief analyst at Blockware Solutions, said that as overseas supplies will be squeezed by tariffs and the rise in Bitcoin prices, the price of ASIC mining machines purchased by Bitcoin mining companies may increase by 5-10 times. Mason Jappa, CEO of the company, also said that tariffs will have a significant impact on the Bitcoin mining industry, because most of the U.S. mining machine imports come from Malaysia/Thailand/Indonesia. At present, local mining companies in the United States have begun to accelerate imports to cope with the crisis. Lauren Lin, head of hardware at Bitcoin mining software company Luxor Technology, revealed that ideally they might choose to charter flights to transport mining machines to the United States.

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