So, these Bitcoin miners, right? After hoarding coins like they’re preparing for the apocalypse, suddenly they’re selling off faster than a door-to-door salesman running from a bad Yelp review. According to TheMinerMag—yeah, apparently that’s a thing—they peeked at 15 big-time mining companies and said, “Hmm, something’s up here.”
Timing? Perfect. As the economy’s doing its impression of a rollercoaster gone rogue, these guys decide to cash out. Their excuse? Everything’s costing more—kind of like when you realize avocado toast isn’t the only thing draining your wallet. This mini panic sale? It’s adding fuel to crypto’s already flame-broiled volatility. Bitcoin took a nosedive—2.3% in March. Oh, and February was like a financial slap in the face with over 17% correction. Thanks, CoinGlass, for keeping score.
But wait, there’s more! It’s not just about the price tag. Miners are sweating over energy bills that are climbing faster than my blood pressure when someone cuts me off. Plus, trade policies are throwing a wrench in the supply chains like a bad sitcom plot twist. Kristian Csepcsar over at Braiins says making rigs wholly in the U.S.? Ha! It’s about as viable as a vegan at a Texas BBQ. And if Trump’s tariffs hit hard, costs for gear and services shoot up like a bad reality TV star’s ego. Profits? *Poof*—there goes another one.
Speaking of Trump, his tariff plans are giving the mining crowd major headaches. Energy expenses are already a monster, and now their tax bill could balloon like a balloon animal at a kid’s party—only less fun and way more painful.
Then there’s Jaran Mellerud, the big boss at Hashlabs, waving the warning flag. These tariffs might just send mining operations packing for places like Finland—where apparently, the only tax they pay is on really serious saunas. Import costs for machines could balloon by almost 25%. That means U.S. miners might get pushed off the playground entirely, leaving the crypto sandbox to their foreign rivals. So, if you wanted American-made Bitcoin, you might want to hold your applause—or your wallets.🤑
Read More
- Lucky Offense Tier List & Reroll Guide
- Indonesian Horror Smash ‘Pabrik Gula’ Haunts Local Box Office With $7 Million Haul Ahead of U.S. Release
- Best Crosshair Codes for Fragpunk
- Ultimate AI Limit Beginner’s Guide [Best Stats, Gear, Weapons & More]
- League of Legends: The Spirit Blossom 2025 Splash Arts Unearthed and Unplugged!
- ‘Severance’ Renewed for Season 3 at Apple TV+
- Unlock All Avinoleum Treasure Spots in Wuthering Waves!
- How To Find And Solve Every Overflowing Palette Puzzle In Avinoleum Of WuWa
- Ultimate Half Sword Beginners Guide
- Skull and Bones Year 2 Showcase: Get Ready for Big Ships and Land Combat!
2025-04-17 08:45