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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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MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.