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The American Bitcoin mining industry goes through a critical period. Among the archaic tax rules and the growing economic pressure of today’s minor claims to fair treatment in the face of traditional raw foods.
In short
- Bitcoin minors have undergone immediate taxation during extraction and then again during the sale, unlike gold manufacturers who pay only once.
- This tax pressure is pushing the company to massively dispose of: 40% of their production was sold in March 2025, which is a record from October 2024.
- US customs tariffs (up to 54% on Chinese equipment) and outdated tax rules will financially strangle the national mining sector.
Two -stage taxation that penalizes bitcoins
Beautiful Turner, CEO of Aban Mines, points to a finger on a distinctive tax anomaly. Where golden manufacturer pays only at the time of sale, underage bitcoins undergo immediate taxation from extraction.
” IRS treats with mined cryptus as a regular income “During the interview with the round table, he explains. This approach creates artificial pressure on the already volatile market.
This double taxation, which has returned to mining and then capital profits for sale, mechanically pushes operators to premature disposal.
The data from March 2025 perfectly illustrate this phenomenon: 15 main companies with the list have sold more than 40% of their fresh production, which since October 2024 has identified the largest wave of liquidation.
Cleanspark embodies this new reality by the official acceptance of the model “self -finance” based on regular sale. This strategy, dictated by current tax restrictions, breaks strategic accumulation observed after the last half.
Turner summarizes the situation:
If you have a tax account without selling your bitcoin, you will need to dispose of it to pay the state.
However, the recent development of the Council for Financial Accounting Standards (FASB), which permits the use of accounting of fair value for bitcoins, indicates a change in the regulatory approach. This decision, which is particularly beneficial to Michael Saylor’s strategy, could pretend to harmonize the long -awaited mining industry.
External challenges that intensify the crisis
In addition to tax issues, the American industry is facing an economic storm. The Prize of the Trump Administration Awarded the importance of Asian equipment.
Trump deposited customs tariffs by more than 34 % in China, the main supplier of mining equipment. Other Asian countries are no exception to increase: 24 % to 37 % depending on sources.
Given that customs duties progress from 25 % to 54 % for Chinese machines and similar increases for countries such as Thailand or Malaysia, the cost of equipment will explode from 22 to 36 %.
Problem? Chinese companies control 70 % to 80 % of the global mining market. Without it, without it, overnight. This dependence transforms any increase in the price on the financial disaster.
The actions of mining companies immediately fell immediately after the announcement of Trump, and some experts predict that US mining could become “economically impracticable”.
In the face of this double pressure, some actors try to adapt. Bitmain and Whatsminer accelerate their American facility to bypass prices. Other American minors directly imagine moving to countries without customs prices.
This brain and capital leakage could redistribute global calculation power and weaken American domination in this strategic sector.
In short, the American Bitcoin mining industry is at a decisive intersection. Obsolete tax rules in combination with the trade tension create an enemy environment that pushes the actors to exile or forced disposal.
Beautiful Turner summarizes the situation without a detour. But his request is simple:
We do not ask for preferential treatment just to treat them like every society of raw materials.
The reform in this sense could transform market dynamics, reduce forced sales … and stabilize the possibility of bitcoins.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.