{"id":125784,"date":"2025-03-25T14:16:41","date_gmt":"2025-03-25T14:16:41","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125784"},"modified":"2025-03-25T14:16:41","modified_gmt":"2025-03-25T14:16:41","slug":"bitcoin-mining-supplier-auradine-sees-opportunity-in-trump-policies","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125784","title":{"rendered":"Bitcoin mining supplier Auradine sees opportunity in Trump policies"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsUS President Donald Trump\u2019s trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only hold a small sliver of market share compared to their major Chinese counterparts.\u00a0<br \/>\nThe United States accounts for over 40% of the Bitcoin network\u2019s global hashrate but still leans heavily on China-made mining rigs. China-based Bitmain reportedly holds as much as a 90% market share in the Bitcoin mining manufacturing market.\u00a0<br \/>\n\u201cTrump\u2019s continued focus to support the US BTC mining industry highlights the urgent need to address US reliance on foreign technology,\u201d Auradine\u2019s chief strategy officer, Sanjay Gupta, told Cointelegraph in a recent interview.\u00a0<br \/>\nUS Bitcoin firms hit a major supply problem last year, with thousands of Bitcoin (BTC) miners held at ports of entry by the US Customs and Border Protection.\u00a0<br \/>\nOne of the firms affected believed it was due to a mistaken belief that the chips were illegally imported Chinese radio frequency devices. It took months before they started being released.\u00a0<br \/>\nGupta said that US-China trade tensions have also disrupted the flow of foreign Bitcoin miners.\u00a0<br \/>\n\u201cThese trade tensions have increased supply chain disruptions with many hardware shipments facing delays and uncertainties,\u201d Gupta said.<br \/>\nThe US was already competing with China to win the high-end chip manufacturing market, but the recent trade tensions have only \u201cintensified\u201d these challenges for US-based crypto miners, he added.\u00a0<br \/>\nChina-based Bitmain is said to hold the majority of the Bitcoin mining manufacturing market. It expanded its production line into the US last December to improve supply chain efficiency.<br \/>\nGupta said his firm could also stand well-positioned amid Trump\u2019s plan to ramp up onshore manufacturing as a \u201cdramatic increase in demand\u201d for electricity would, in turn, \u201cput a tremendous deal of pressure on the electric grid\u201d \u2014 making it more important for Bitcoin miners to operate off-grid.\u00a0<br \/>\nAuradine recently announced the launch of its new Teraflux AH3880 hydro-cooled Bitcoin miner, competing with the likes of Bitmain, MicroBT and Canaan.<br \/>\nRelated: Bitcoin mining hashprice stays flat despite higher difficulty: Report<br \/>\nAsked whether a further uptick in Bitcoin mining activity in the US could hurt Bitcoin decentralization, Gupta said that securing the Bitcoin network with more energy-efficient solutions in the US would be a \u201cnet positive\u201d for Bitcoin but said there could be risks if the increase outpaces technology in sustainability and decentralization.\u00a0<br \/>\nOver 95% of the network\u2019s hash power already comes from the US and China alone, according to the Hashrate Index.<br \/>\nMagazine: Korea to lift corporate crypto ban, beware crypto mining HDs: Asia Express<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-mining-firm-auradine-opportunity-trump-us-first-policies?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsUS President Donald Trump\u2019s trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125784"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125784"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125784\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125784"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}