Samuel Shen and Vidya Ranganathan
Shanghai / Singapore (Reuters) – Three of the world’s best-selling three sold in BitcoinBTC-USD) Mining machines – China origin, all Chinese origin – Donald Trump’s Tariff War producers manufacturers of the United States for changing the tariff supply chain.
Builds more than 90% of the plant, Canaan and microcron and global mining – Computers dedicated to the numbered crunching produced by Bitcoin. The creation of US bases can protect them from tariffs, but the risks of security are in areas in various regions such as US chip production and energy security.
“The US-China is a trade war, not superficial, but the change of changes in Bitcoin supply chains,” said Guang Yang, Crypto Tech Tech Provider CONFLUX Network.
Moreover, for our companies, “It goes beyond these tariffs.” Said Yang, politically acceptable “hardware sources are a strategic pivot.”
The growth of the growth of the sale of the sale of sales began production of mining facilities in December, and a month ago Trump was winning the Presidential Polling Station.
Canaan, Trump’s Lifter Day on April 2, CEO Wang, Leo Wang’s reuters told reuters to prevent testing in the United States to prevent tariffs. The initiative is intelligence because the variable tariff condition is made of heavy investment.
In a statement, a statement said that “actively implement the localization strategy in the United States” and “avoid the effects of tariffs”.
The trio is dominated by a sectoral analysts worth $ 12 billion by 2028. This is the top flow of a work chain that supports the infrastructure and trading platforms with the intensive process of plant bitcoin energy.
US Rival Auradine – MARA Holdings supported by the ball Bitcoin Miner with market value – is lobbying to restrict Chinese items to compete in hardware.
“Although more than 30% of global Bitcoin culture in North America occur, more than 90% of the mining equipment represents geographical demand and large imbalance,” said Auradi’s head strategy, Sanjay Gupta.
Consultant Frost & Sullivan estimated the first trio of 95.4% in terms of computational power sold in December 2023.
As for the Chinese mining rig, “hundreds of thousands of the United States are hundreds of thousands of US electricity network”.
Canaan’s Wang said that the mining facilities did not threaten the safety of the mining, because “it is useless if not applied to Bitcoin Mining.” Still, manufacturers said the United States could suffer from the restrictions on high-tech sales to Chinese companies.
Emphasizing the risks, the AI branch of the end, Sophgo, was blacklisted on the basics of security by the US government.
The ending did not respond to a request for comment.
First Moveless
China has once dominated the whole bitcoin value chain – until trading – the government in 2021, until the risk of financial stability until China’s matropurrency is banned.
Miners, traders and exchanges moved abroad. Technology has been protected by roles as manufacturers, but in Bitain, Canaan and Microak hardware continued to dominate. The first-moving advantage in the development of high-performance plugs prepared for the mining has partially gave its Western rivals.
Canaan has been transferred to Singapore from China to Singapore since today – although Chinese operations have set up a pilot production line in a market that accounts for 40% last year.
“The main thing is to try to reduce the cost for our customers,” said Wang, Canaan Corporate Development and Vice President of Capital Markets Wang. The prospects of tariffs mean “we must explore all alternatives.”
This year, the United States has applied 10% to the initial tariff from many countries and added 20% in imports from China. He said that the Chinese rig can increase tariffs for Southeast Asian countries established by mounting plants.
Turn gray
Trump promised to be a “crypto president” that popularize the main use of crypticists in the United States. Son Eric Trump, along with the Energy and Technology Company, began the American Bitcoin to build a strategic bitcoin reserve.
The President’s cryptist friend policy stressed the foreign role in China’s Bitcoin infrastructure, and potentially puts victims of victims in salvation.
China’s hardware dominance “creates a choking point for US miners,” he said.
“If China limits or manipulates the supply, it can disrupt Bitcoin’s network stability and can affect US users and investors,” Dea said.
The market value – the largest miners with Mara, Main Scientific, Cleansing and Riot platforms, so it is thoroughly in the United States, so “potentially problematic” economic in the United States Economic Research Institute.
Chinese facilities can build a shop in the United States, but in the short term US miners will still receive devices from China and stadistry, Kirpto Platform Komodo General Technology Officer.
“But this is about to hurt the industry. This is going to force a former former.”
Shanghai and Vidya Ranganathan in Shanghai and Singapore notifying the Shanghai newsroom, Samuel Shen; Adjustment by Christopher Cushing)
