随着美国 - 中国贸易战的继续前进，比特币矿工适应了策略

比特币矿工正在改编其业务策略，因为美国与中国之间的贸易战争使能源价格和政策更加不确定。

The ongoing trade war between the US and Canada has placed a spotlight on energy prices and policies, leading Bitcoin miners to adjust their business strategies accordingly.

美国和加拿大之间正在进行的贸易战争使能源价格和政策成为人们关注的焦点，导致比特币矿工相应地调整其业务策略。

As reported by Bloomberg, US President Donald Trump's threat to double his tariffs on steel and aluminum from 25% to 50% led to the government of the province of Ontario walking back its plan to increase the cost of power exports to the US.

正如彭博社报道的那样，美国总统唐纳德·特朗普（Donald Trump）对钢铁和铝制的关税从25％增加到50％的威胁导致安大略省政府走了撤回其计划，以增加向美国的电力出口成本。

Earlier, Ontario Premier Doug Ford had promised to further increase the surcharge or even "shut off the electricity completely" following a series of provocations by the US administration. However, he appears to have softened his stance, at least for the time being.

此前，安大略省总理道格·福特（Doug Ford）承诺在美国政府进行了一系列挑衅之后，将进一步增加附加费，甚至“完全关闭电力”。但是，至少暂时存在他的立场，他似乎已经软化了立场。

The trade war may have reached a lull, but some crypto firms are looking ahead at possible policy changes in order to protect their growth.

贸易战可能已经停滞不前，但是一些加密货币公司正在寻找可能的政策变化，以保护其增长。

Energy price hikes in the US

美国的能源价格上涨

Ben Ganon, the CEO of Canadian Bitcoin mining firm Bitfarms, pointed out that the recent energy price hikes, had they gone through, were unlikely to affect his firm's business.

加拿大比特币矿业公司Bitfarms的首席执行官Ben Ganon指出，最近的能源价格上涨，如果他们经历了，就不太可能影响其公司的业务。

Bitfarms' operations are mostly in Quebec and British Columbia, both of which boast significant hydroelectric capacity in relation to the total provincial energy mix. Ontario, by comparison, is "not as robust of an energy market. And over the last several years, they've really taken a big push on cutting back on baseload capacity."

Bitfarms的业务主要在魁北克和不列颠哥伦比亚省，两者都具有与省级能源总和有关的显着水力发电能力。相比之下，安大略省“在能源市场中并不那么强大。在过去的几年中，他们确实在削减基本负载能力方面做出了巨大的努力。”

But even though Bitfarms' situation may look solid, Ganon said that the tariffs "have implications for what policy and regulatory frameworks are going to look like in the future."

但是，即使Bitfarms的处境看起来很扎实，Ganon表示，关税“对将来的政策和监管框架有影响。”

According to him, his firm wants to see "greater access to electricity markets" as well as fewer regulations on setting up a new business or new power applications.

据他介绍，他的公司希望看到“更大的电力市场访问权限”，以及关于建立新业务或新电力应用程序的规定。

Energy policy has been a contentious area of debate in Canadian politics, with critics accusing the Liberal government — now led by Prime Minister Mark Carney — of harming the Canadian economy with their strategies to lower emissions.

能源政策一直是加拿大政治中辩论的一个有争议的领域，批评家指责现在由总理马克·卡尼（Mark Carney）领导的自由党政府以降低排放的策略来损害加拿大经济。

Ganon added: "The opportunities that are present in the United States are also present in Canada. And I think that this will all resolve itself and end up in a much more deregulated and smooth and efficient market because for years it's been tied up in regulatory red tape."

加农补充说：“美国也存在的机会也存在于加拿大。我认为，这一切都会自行解决，最终在一个更加放松，平稳和高效的市场中，因为多年来，它一直在监管繁文tape节中捆绑在一起。”

How would a Bitcoin miner benefit from tariffs?

比特币矿工如何从关税中受益？

Tariffs on goods such as steel, aluminum, and other industrial products — intended to encourage domestic production in the US— also impact Bitcoin miners, with some effects being unexpectedly beneficial.

钢铁，铝和其他工业产品（旨在鼓励在美国的国内生产）等商品的关税也影响了比特币矿工，其中一些影响意外有益。

While Ganon noted that miners can’t control the Bitcoin price, they can control their electricity costs. "One of the ways that we can do that is we can look for pockets of energy that are underutilized, that used to power heavy industry, which has been outsourced to other countries over the last 20 or 30 years."

尽管加农指出，矿工无法控制比特币价格，但他们可以控制其电力成本。 “我们可以做到的一种方法是，我们可以寻找未充分利用的能量，这些能量过去可以为重型产业提供动力，而重工业在过去20或30年中已将其外包给其他国家。”

According to Ganon, Bitfarms has assets in Pennsylvania — a "Rust Belt" state heavily affected by the outsourcing of American steel and metals industries. His firm's assets could soon be in high demand if the US manufacturing industry were to come back from the dead.

根据Ganon的说法，Bitfarms在宾夕法尼亚州拥有资产，这是一个受美国钢铁和金属工业外包影响的“锈带”州。如果美国的制造业从死里复活，他公司的资产可能很快就会满足需求。

"We've been investing heavily in this energy infrastructure which used to power aluminum smelters and steel refineries and all the stuff which was outsourced," Ganon said. "Now Bitcoin miners have these assets. And as the pendulum swings back to America, those assets are now in high demand."

加农说：“我们一直在这种能源基础设施上进行大量投资，该基础设施用来为铝冶炼厂和钢铁炼油厂和所有外包的东西提供动力。” “现在比特币矿工拥有这些资产。随着摆动回到美国，这些资产现在需求很高。”

China tariffs squeeze Bitcoin mining hardware

中国关税挤压比特币采矿硬件

Canadian miners like Bitfarms may be unconcerned for now, but Trump's tariffs on China have already begun to squeeze American crypto miners, who import hardware from China-based firms like Bitmain.

像Bitfarms这样的加拿大矿工可能目前尚不关心，但是特朗普对中国的关税已经开始挤压美国加密货币矿工，他们从像Bitmain这样的中国公司进口了硬件。

According to Bloomberg, shipments of Bitcoin mining hardware from China to the US were experiencing significant delays as of February 2025. The delays reportedly were the result of the US blacklisting Bitmain's AI affiliate Xiamen Sophgo Technologies.

据彭博社报道，截至2025年2月，从中国到美国的比特币采矿硬件的运输正在经历重大延误。据报道，延误是美国黑名单的Bitmain AI AI分支机构Xiamen Sophgo技术的结果。

Heavy customs fees for inspections of Bitmain-affiliated hardware have cost US miners up to $500,000, according to Vishnu Mackenchery, director of global logistics and services at Compass Mining Inc. New tariffs could make new imports of next-gen miners to the US "completely cost-prohibitive," stated Synteq Digital CEO Taras Kulyk.

Compass Mining Inc.全球物流和服务总监Vishnu Mackchery表示，对Bitmain附属硬件进行检查的大量海关费用使我们的矿工损失了高达50万美元。

China-based mining hardware producers like Bitmain could set up operations in other countries to avoid US sanctions. During Trump's first term, when he imposed a 25% tax duty on a number of consumer electronic goods from China, many mining hardware producers moved to Malaysia, Indonesia and Thailand to avoid tariffs.

基于中国的采矿硬件生产商，例如Bitmain，可以在其他国家建立业务，以避免美国制裁。在特朗普的第一学期中，当他对来自中国的许多消费电子产品征收25％的税收税时，许多采矿硬件生产商搬到了马来西亚，印度尼西亚和泰国，以避免关税。

Bitmain even announced it would launch a US production line in December 2024 to "provide faster response times and more efficient services to the North American customers." Bloomberg noted that the firm did not provide the exact location of its US line.

Bitmain甚至宣布将于2024年12月启动美国生产线，以“为北美客户提供更快的响应时间和更有效的服务”。彭博社指出，该公司没有提供其美国线路的确切位置。

Trump's economic policies continue to be a mixed bag for the crypto industry. Wild fluctuations in trade policy and last-minute reversals have made the market difficult to predict. Elsewhere, the European Union has promised to impose counter-tariffs on the US,

特朗普的经济政策仍然是加密货币行业的混合包。贸易政策和最后一刻逆转的狂野波动使市场难以预测。在其他地方，欧洲联盟已承诺对美国实施反竞选活动，