The future for U.S. Bitcoin miners indeed looks a lot different today. Tariffs, technological innovations, and changes in global hashrate distribution are all pushing this change. The Trump administration’s tariffs were an attempt to spur ASIC manufacturing onshore, but their real-world effects are turning out to be more complicated. As...
Top Chinese Bitcoin mining companies are strategically moving operations to the United States in response to tariffs and geopolitical pressures. Companies such as Bitmain, MicroBT, and Canaan are just some of the companies setting up operations in the US market. These companies do all they can to offset the effects...
This is not solely bad news, it’s a paradigm shift. Forget the doom and gloom – that spell is good juju for America. Why? Let me break it down.More Jobs Coming Back HomeThink about it. Manufacturing jobs are sexy again. When we’re discussing smart, skilled labor, engineering, maintenance. But these...
Bitcoin mining is experiencing a historic shift. Chinese manufacturers of mining rigs seriously focused on the US market are not all Chinese companies. This change is driven by five main trends. Geopolitical tensions, economic incentives, and the ever-evolving landscape of the cryptocurrency market are all key factors. This post will...
Bitmain, the dominant producer of bitcoin mining rigs, is opening a manufacturing hub in the U.S. This smart business decision will help them avoid high tariffs and make their supply chains more nimble. The company’s change is a leading indicator of a larger trend. Towards this end, Chinese mining equipment...
Even major Chinese manufacturers are starting to relocate production to the United States. This unexpected development is changing the calculus of Bitcoin mining. Currently, Bitmain, Canaan, and MicroBT produce more than 90% of the mining hardware supplied to the Bitcoin ecosystem. These same companies are now establishing battery manufacturing plants...
The Bitcoin mining environment is still undergoing a unique and vibrant transition. One thing is for certain, Chinese hardware manufacturers are quickly making their mark in the United States. This migration is due in part to the violent conditions. Assurances against trade tension and national security concerns and the strategic...
As the cryptocurrency market matures and develops, investors are constantly searching for the next worthwhile investment. Altcoins, or alternative cryptocurrencies to Bitcoin, frequently offer these types of opportunities, but none more so than within a true bull market. Not all altcoins are created equal. Spotting the best among them takes...
Look, I get it. The crypto world is buzzing with talk of the next bull run, and altcoins are being touted as the key to astronomical returns. Everyone wants to catch the next Solana, the next cryptocurrency that’s going to 100x your investment. But before you dive into the deep...
Image courtesy of CoreWeave Is CoreWeave about to do a deus ex machina on the crypto world Or are we simply seeing the latest tech industry infatuation, sure to go the way of all flameouts and burn out quicker than a meme stock. Of course, that possible acquisition of Core...
The noise surrounding CoreWeave’s imminent purchase of long-troubled miner Core Scientific (CORZ) has become truly overwhelming at times. Everyone thinks this is a slam dunk, a match made in silicon heaven. AI saves crypto! Let's pump the brakes. Have we become so beguiled by the power of AI that we’re...
Shares of crypto miner Core Scientific (CORZ) soared more than 25% this week. This increase occurs amid the backdrop of reenergized speculation over a possible acquisition by fellow startup CoreWeave. The resumed talks mark a potentially significant new chapter for both companies. Combined, they have the power to radically change...
The crypto market is buzzing. You’ve sensed it, I’ve sensed it, everybody’s sensed it. The bear market’s claws are retracting and the next bull run is getting ready. And guess what? This isn't just about Bitcoin. This time, altcoins are ready to explode. Forget simply accumulating BTC – you should...
CoreWeave, the largest competitor to Nvidia in the booming AI cloud infrastructure market, recently restated its buyout offer for Core Scientific. With a focus on its large scale data center facilities, Core Scientific was once the largest publicly traded Bitcoin miner. This move raises a critical question: Is this a...
California is jumping with both feet into the new future of finance. A forward-looking bill, AB 1180, would fundamentally change the way Golden State residents interact with their state’s government. More importantly, it opens the door for them to pay their obligations via crypto. This trend follows several other policies...