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Lithoshphere News
Bitcoin
The U.S. bitcoin mining industry is getting squeezed as tariffs, rising costs, and record difficulty are eating into profits. In August 2025, the U.S. introduced new tariffs on imports from China, which affect bitcoin mining equipment. The new tariffs add 57.6% to the cost of imports of Chinese-made machines and 21.6% on machines from Indonesia, Malaysia and Thailand. The tariffs, part of President Donald Trump’s trade war with Asia, have already created huge liabilities for some U.S.-based miners. According to MinerMag, two of the biggest players, CleanSpark and IREN (Iris Energy) disclosed that U.S. Customs and Border Protection (CBP) sent …
Crypto
Bitcoin has passed many milestones in 2025, one of which was the first time Bitcoin went an entire year without anyone proclaiming it dead. Source: …
TL;DR Ripple’s native token did what many thought was impossible this year by breaking its previous all-time high set over seven years ago. However, the …
