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Trump tariffs hurt bitcoin mining profits; many companies in the red

2025/04/14 06:38
CoinPost
Written by Lewis Kikutani
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Trump tariffs hurt bitcoin mining profits; many companies in the red

Serious blow to the BTC mining industry?

The global tariff policy of US President Trump is also having a serious impact on the Bitcoin (BTC) mining industry. Following the announcement of the tariffs, the market turned to widespread selling, and the hash price, which indicates mining profitability, fell below $40/PH/s. According to a report by BlocksBridge Consulting released on the 10th, this is the lowest level since September 2024, and it is a tough development even for large-scale miners.

The Trump administration announced a 90-day suspension of the tariff policy on the 10th of this week. The market showed some rebound, but the hash price remained at around $42/PH/s...

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日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
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Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.