Canaan’s VP Leo Wang discussed that the US transfer was about both equally staying away from tariffs and cutting down purchaser costs, but weighty investment was getting held back again due to the unpredictability of trade policy.
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Though manufacturing during the US may possibly mitigate tariff impacts, it hasn’t solved the issues as countrywide security considerations persist.
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The US is now a significant hub for Bitcoin mining, contributing a significant more info share of the global hashrate.
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