American Bitcoin miners face a crisis as Trump's tariffs take effect.

The Trump administration imposed a 100% tariff on imported semiconductor chips starting from August 7, significantly affecting the crypto mining industry in America.

The policy aims to promote domestic production, but almost all ASIC chips used for Bitcoin mining still come from Asia. This has led to an average increase of 21% in equipment costs, especially for companies using devices from Bitmain and MicroBT. Before the tax took effect, many units rushed to import goods, even paying shipping fees ten times higher. Mining revenue decreased by 55% compared to the same period last year, while network difficulty remains at a record high, forcing many companies to reconsider their expansion plans. Some companies may shift operations to tax-free countries like America or Kazakhstan. The stock prices of many large mining companies have fallen after this announcement.