Altcoin News Daily Official TheBitTimes.com

Donald Trump’s fiery trade tariff policies have finally been introduced to the market. The US president’s tariff plans have gone into effect from today onwards. This development is sparking a widespread debate on the repercussions that the aforementioned move may trigger, which includes shaky world markets as well as the start of a full-fledged global trade war. Also Read: 3 Things To Expect From Trump’s First Cryptocurrency Summit On March 7, 2025 Global Trade War Fear Grips The Market Source: Watcher Guru Donald Trump’s aggressive trade policies have finally debuted, marking their formal entry in international markets as of today. His policies include levying heavy import tariffs on certain nations, which have been primarily put in place to strengthen the US economy. Trump’s diverse economic plan prioritizes bolstering the US manufacturing unit, which can be achieved through such tariff deployments. In essence, the US president wants the world to establish key factories in the U...

1. Australia-headquartered Iris Energy has bought another 1.3 EH/s of Bitmain’s Antminer T21 model. The bitcoin mining company said the preorder has a similar term to the previous purchase of 1.4 EH/s in October, wherein 20% of the $18.6 million contract is financed by the manufacturer and won’t be due until a year after shipment. Read more 2. Bitmain-affiliated Antpool has overtaken Foundry USA as the largest bitcoin mining pool in terms of monthly blocks mined for the first time since January 2022. Antpool mined 1,219 blocks in November, slightly surpassing Foundry USA’s 1,216 blocks mined and reaping total rewards of 8,672 BTC for its miner clients. Read more 3. Bitfarms announced that in November 2023 they mined 392 BTC and sold 350, generating a total revenue of $12.8 million USD. The hashrate for that month increased by 2% to 6.4 EH/s, and it is expected to rise by 88% to 12 EH/s in the first half of 2024. They also finalized a contract to increase the capacity of their Paraguay...