US Miner Imports Plunge 65%: CBP and TheMinerMag Report

A staggering 65% drop in the weight of mining gear imported into the US was recorded this January. These figures come from Customs and Border Protection data, analyzed by TheMinerMag. Observers blame recent tariffs and stricter component inspections as primary drivers behind the slump.

Such a dip implies that some mining operators might have to run older machines longer than planned. This scenario could cut aggregate performance in the coming year and slow projected hashpower growth. Meanwhile, CBP officials hinted that more stringent checks could be implemented on sensitive electronics.