Bitcoin miners face mounting pressure from equipment tariffs and ETF demand: Bitwise

With import samples of up to 46% and the capital that flows to exposure to low -risk bitcoin via ETF, minors confront compression of tightening on cost and financing fronts.

Bitcoin (BTC) In the United States ETFAccording to a new report by Bitwise.

In the report, In the worldResearch manager André Dragosch and research analyst Ayush Tripathi, note that with approximately 40% of the world hacks exploited by American mining companies, the industry “faces 24 to 46% samples on mining equipment imported from Vietnam, Thailand and Malaysia”. These prices occur at a time when hashprice, the main metric of the profitability of minors, is “in bottoms of all time,” says the report.

The interest of investors also moves away from minors. With funds on trade and business treasury bills, such as the strategy and demand for investors absorbing Metaplanet, Bitcoin miners “are now faced with intense competition on the capital front”, according to analysts.

“These companies can accumulate BTC using a low -cost capital emission or convertible debt, offering investors an immediate exposure to the assessment of prices without the operational risks of mining. This development of minors, who must finance heavy capital expenses, to navigate in an uncertain regulatory land and wait for months or even years for their investment to reimburse. ”

In the world

However, some companies adapt to new conditions. Bitfufu, Crypto minor supported by Bitmain, for example, plans to redirect the machines to Ethiopia, while Bitdeer prioritizes Norway and Bhutan.

Riot and Cleanspark, two minors classified by the United States, absorbed the impact of the initial rate by accelerating pre-diadline expeditions, Bit notes. However, despite these efforts, the perspectives remain difficult because minors are clearly “prepare for more pain,” concluded the bit.