The Latest Breaking News from Ethan Vera

US Tariffs On Asian Mining Rigs Slow Bitcoin Growth As Firms Eye Canada, Domestic Production

The U.S. Bitcoin mining industry is facing headwinds as new import tariffs on mining equipment from Southeast Asia go into effect.

Benzinga · Aug 6, 2025

Bitcoin miners in U.S. fear wipeout as 36% tariffs threaten to ‘destroy’ thriving industry

The threat to U.S. Bitcoin manufacturing comes even as the President's sons are planning to launch a mining venture.

Fortune · Apr 17, 2025

Almost $4 billion in bitcoin miner loans are coming under stress

The prolonged slump in Bitcoin is making it more difficult for some miners to repay the up to $4 billion in loans they have backed by their equipment, posing a potential risk to major crypto lenders.

Tribune News Service · Jun 24, 2022