Listen "Trade War Intensifies: How Trade Tensions Impact Bitcoin Miners!"
Episode Synopsis
Market volatility reaches extreme levels as the US imposes 104% tariffs on China, causing a 6% intraday swing in the S&P 500 while Bitcoin demonstrates relative resilience amid economic uncertainty. This heavy-handed negotiation approach by the Trump administration has created significant turmoil across global markets, with miners' stocks down an average of 50% since the beginning of the year despite operational improvements.• US-China trade war intensifies with new 104% tariffs implemented at noon, causing the Chinese yuan to fall to its lowest level in two years• Bitcoin being recognized as a "flight to safety" asset by BlackRock and called "the most honest and efficient market" by Peter Thiel• Core Scientific produced 247 Bitcoin in March, now holding 1,001 BTC valued at $83 million• Core Scientific's HPC partnership with CoreWeave expected to generate $10B over 12 years with 71% margins• Saluna Holdings announces Project Heety: 120-megawatt wind-powered data center in Texas for Bitcoin mining and AI workloads• Miner Madness 3.0 competition open for entries with approximately 100 submissions already receivedLet us know in the comment section: Do you think Trump will pull this off, or are we headed toward a global trade war or potentially worse?Anthonys Info: Website: https://www.powermininganalysis.com X: https://twitter.com/cazenove_uk Patreon: https://www.patreon.com/Cazenove_UK Bryce's Info: X: https://twitter.com/McnallieM Patreon: https://www.patreon.com/McNallieMoney Merch: https://shop.mcnalliemoney.com/ Website: https://www.mcnalliemoney.com Business Inquiries: Email - [email protected]
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