Trump’s tariffs are wreaking havoc for bitcoin miners at a time when hashprice is near all-time lows.
You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com
Want to mine Bitcoin? Check out the Blockspace Media store today!
Welcome to The Mining Pod! Will and Colin break down the harsh reality of bitcoin’s hashprice hovering around $40, putting many miners at break-even or underwater. The hashprice woes couldn’t come at a worse time, as the Trump administration’s tariffs are poised to increase CAPEX costs for miners in the U.S. The Trump tariff chaos sent miners scrambling to charter multi-million dollar flights for ASIC imports in the eves before the administration effected a 90-day pause on its proposed policy. We also discuss Pakistan's plans to use Bitcoin mining for surplus electricity. And for this week’s cry corner, if you wanted to vastly outperform the market year to date, you should have invested in this ETF that is short ETH.
# Notes:
- Hash price down to around $40
- Most public miners at break-even or underwater on direct costs
- Trump paused tariffs for 90 days, China still at 125%
- $2.33B of mining hardware imported to US in 2024
- Pakistan turning to Bitcoin mining for surplus power
- 2x inverse ETH ETFs up 247%, best ETFs of 2025
Timestamps:
00:00 Start
01:20 Difficulty Report
06:40 Tariff deadline scramble
15:35 Mining stocks
21:27 Pakistan BTC mining
28:39 Cry Corner: Is ETH ded?
👉 Luxor, Leaders In Bitcoin Mining and Compute Power!
Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.
Published twice weekly, "The Mining Pod" interviews the best builders and operators in the
Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews
on Tuesday and a news show on Friday!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
