Canaan’s VP Leo Wang described that the US transfer was about both of those steering clear of tariffs and minimizing customer fees, but significant expense was currently being held again because of the unpredictability of trade policy.
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Bitmain's move also aligns with Trump's plan to mine all remaining Bitcoin domestically, a move he statements will bolster Power dominance and lower reliance on foreign operations.
Bitmain is growing its functions in America by launching a neighborhood generation line. This go might help the company provide North American shoppers superior by lessening shipping and delivery moments and increasing offer chain effectiveness.
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MicroBT and Canaan, meanwhile, are cautiously Checking out US partnerships with data centres and Power suppliers though averting drawing undue regulatory interest.
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