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Will ASIC Miners Ever See Another Bull Run?

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Welcome back to The Mining Pod! Today, TicTacc Director of Business Development Michael Rhoden joins us to talk about the current state of the ASIC market in 2025, including the impact of tariffs on pricing and demand, Proto’s ASIC miner launch, the rise of hydro cooling solutions, manufacturing shifts to the US, and how public miner pivots to AI/HPC are reshaping the mining hardware landscape.




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**Notes:**


• Tariffs add 19% duty on Malaysian imports


• S21 Plus best seller with hydro cooling


• Proto rig weighs 120 pounds, 10-year life


• US manufacturing capacity still limited


• Bitcoin mining margins remain thin


• Ethiopia halts new mining expansion




Timestamps:


00:00 Start


02:52 Proto miner thoughts?


04:23 Proto pricing


06:13 Consumer interest in Proto


07:32 Tariffs


10:19 Bitmain's markets


12:08 Hottest ASIC markets globally


15:34 Ethiopia market


17:12 China mining


19:34 Cooling trends


22:53 S21 oversupply?


26:48 AISC prices not in a bull run


29:08 HPC pivots


34:46 Mad in the USA


37:22 Auradine


41:00 Dynamic ASIC market


43:12 Wrap up




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