The Mining Pod | Bitcoin Mining News A$2.7 Million Mining Heist, Tariffs For Miners and Top 5 Mining Historical Moments
Apr 25, 2025
Delve into the latest Bitcoin mining news, including a surprising 8% difficulty drop and a rebound in fee revenue. Discover the shocking theft of $2.7 million worth of outdated mining equipment intercepted at LAX. The hosts debate tariffs affecting ASIC imports and how customs gaming may play a role. Finally, enjoy a lively discussion on the top five historical moments in Bitcoin mining, with strong opinions on the significance of mining pools. Get ready for a mix of insights and spirited exchanges!
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Mining Difficulty and Fees Trend
- Bitcoin's mining difficulty is projected to decrease by about 8% soon, despite recent hikes.
- Transaction fees rebounded to 3.3% of block rewards, helped by renewed activity on the Alkanes protocol.
$2.7M Stolen Miners Intercepted
- LAPD intercepted $2.7 million worth of stolen Bitcoin miners, mostly outdated S9 models, at LAX on their way to Hong Kong.
- This unusual theft highlights the odd value and risks surrounding older ASIC mining hardware.
ASIC Mining Tariffs and Customs Games
- Many Bitcoin mining firms underreport the value of ASIC imports to dodge tariffs.
- ASIC miners fall under a tariff code (8543) that excludes them from exemptions granted to standard computing devices.