đ¨ Latest: Chinese Bitcoin mining giants Bitmain, Canaan, and MicroBT begin production in America to avoid tariffs!
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đ The new move:
Major mining companies Bitmain, Canaan, and MicroBT announced plans to launch local production facilities in the United States, in a step aimed at:
â Avoiding U.S. tariffs
â Strengthening their presence in the U.S. market
â Meeting the growing demand for mining equipment
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âď¸ Reasons for the move:
â Trade tensions between the U.S. and China
â Increasing local support for the mining industry
â Desire to reduce logistical and manufacturing costs
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đ Expected impact:
â May contribute to increasing decentralization in the mining industry
â Enhance America's position as a major center for Bitcoin mining
â Support for demand for energy and infrastructure related to crypto
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âDo you think America will become the new capital of Bitcoin mining?
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