New Tariffs Render Advanced Hardware “Completely Unprofitable”

Following the US introduction of extra duties on mining equipment imports from China, several operators report that acquiring cutting-edge gear has become “completely unprofitable.” Industry sources estimate that more than 15% of firms have revised budgets and postponed upgrading device fleets indefinitely. As a result, the overall hash rate may drop, reflected in the network’s complexity.

Shipments are now delayed by an average of two to three additional weeks, and tariff rates have climbed 25% over the past six months. Total surcharges for 2025 could surpass $200 mln based on current import volumes. Some manufacturers are relocating production lines to Thailand and Malaysia, but this requires time and local approvals.

Certain analysts argue that if tariffs remain, the US might lose its mining leadership to other areas. Meanwhile, big pool operators emphasize ongoing searches for alternatives, seeking new suppliers to compensate for missing capacity.