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In terms of companies insulated from tariff announcements, one sector of the crypto industry that is decidedly not safe is bitcoin mining. 

With much of the bitcoin mining supply chain based in Asia, US-based operations are going to face higher prices to get equipment onshore. 

Beijing-based Bitmain Technologies is the largest mining machine manufacturer, with a 90% market share, and it moved a large part of its production line to Indonesia, Malaysia and Thailand years ago, according to a Bloomberg report.

Imports from these countries to the US now come with levies of 24% to 37%,…

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