Bitmain’s 187-Ton Ruse: Skirting Tariffs with Tech!
Oh, the cunning Bitmain, that master of subterfuge, who has taken to shipping 187 tons of Antminer parts like a rogue alchemist fleeing a royal decree! 🧙♂️📦✨
This article, first published in the illustrious Miner Weekly, now a beacon of truth in the murky waters of crypto mining, claims to have uncovered a plot more intricate than a Shakespearean comedy. 🎭💸
According to TheMinerMag’s monthly shipment records, Bitmain’s Chinese subsidiary, ever the sly fox, began sending parts to Delaware in June 2025—marking a notable change in logistics behavior. One might say they’ve traded “Made in China” for “Made in America,” but with a wink and a nod. 🐆📦
This move reflects Bitmain’s strategic shift toward localized assembly, likely in anticipation of higher tariffs on Chinese goods. The Trump administration, ever the drama queen, has proposed escalating import duties on electronics, making this a tale of survival and cunning. ⚖️🌧️
This isn’t Bitmain’s first reconfiguration of its U.S. logistics. As TheMinerMag previously reported, the company redirected over 50 EH/s worth of Antminer S19XP machines from Southeast Asia to Georgia, likely for proprietary mining. A tale of surplus and rebranding, if you will. 🎩🐇
Those units, originally surplus from the bear market, appear to have been later repackaged under the balance sheet of Cango Inc., Bitmain’s newly established mining proxy on the NYSE. A corporate masquerade, if ever there was one. 🎭🎭
The pivot to shipping components rather than complete units suggests Bitmain is prioritizing domestic manufacturing to mitigate tariff exposure. A move as shrewd as a fox in a henhouse, yet as transparent as a glass of champagne. 🍾🧱
Meanwhile, MicroBT’s U.S. partner, ever the loyal hound, continues importing parts for WhatsMiner machines since the last bear market. A testament to the chaos of the market, and the resilience of those who navigate it. 🐾🌀
Zooming out, Bitmain’s evolving strategies point to broader challenges in the mining hardware sector. Demand for new machines has slowed, and geopolitical tensions have made supply chain planning as predictable as a weather forecast in a hurricane. 🌪️📉
This article, from the esteemed Theminermag, a beacon for crypto miners, is a must-read for those who dare to navigate the treacherous seas of Bitcoin mining. 🧭🌊
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2025-07-25 11:57