Altcoins News

Story: BTC Miners Unfazed by New Trump Tariffs as Chipmakers Secure Exemptions

By Steven Anderson

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Tariffs Could Return Under Trump 2.0. Donald Trump, currently leading Republican presidential polls, has proposed steep tariffs on…

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TSMC and Samsung Win Key Exemptions. The U.S. government has granted exemptions to two of the world’s largest semiconductor…

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Bitdeer and Other Miners Stay the Course. One company benefiting from this development is Bitdeer, a major crypto mining firm headquartered…

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Bitcoin Price Holds Steady as ETH Gains. Despite the broader macroeconomic concerns triggered by Trump’s tariff proposal, Bitcoin's price…

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Long-Term Outlook for Crypto Miners. The mining industry’s dependence on foreign chipmakers has always been a strategic vulnerability.

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Final Thoughts. While Trump’s proposed tariffs on Chinese goods could have spelled trouble for the crypto mining…

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Former U.S. President Donald Trump’s new round of proposed tariffs on Chinese imports has raised concerns across several industries—but Bitcoin mining firms might just avoid the…

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While this proposal sounds like a significant blow to the tech sector, recent developments suggest that not every company will be affected equally.

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The U.S. government has granted exemptions to two of the world’s largest semiconductor companies—Taiwan Semiconductor Manufacturing Company (TSMC) and South Korea’s Samsung.

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Both TSMC and Samsung operate foundries in countries outside of China, such as Taiwan, South Korea, and the U.S., making them less vulnerable to blanket tariffs.

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One company benefiting from this development is Bitdeer, a major crypto mining firm headquartered in Singapore with operations in the U.S. and Norway.

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Because the company’s supply chain largely bypasses China, it is not immediately threatened by the proposed tariffs.

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Other firms in the mining space—especially those using gear from Bitmain, a major Chinese manufacturer—could still feel pressure if tariffs are implemented and extended to…

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Meanwhile, Ethereum (ETH) has been showing more strength. The second-largest cryptocurrency by market cap has posted a 4% gain over the last 24 hours, driven in part by a spike…

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This contrast in performance could suggest a temporary shift in trader focus from Bitcoin to Ethereum as investors weigh the implications of global trade policies and market…

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