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Bit360

06/18 09:12

Trump Tariff Impact: Top Chinese Bitcoin Miners

Trump Tariff Impact: Top Chinese Bitcoin Miners Are Shifting Base to the US

Bitcoin miners Bitmain, Canaan, and MicroBT are relocating production to the U.S. to avoid the impact of Trump tariffs.Trump-Tariff-Impact-Top-Chinese-Bitcoin-Miners-Are-Shifting-Base-to-the-US-768x512.webp
  • Bitmain, Canaan, and MicroBT, which control 90% market share in Bitcoin mining rigs, now moving to the US.
  • They are responding to structural changes in the supply chain triggered by the U.S.-China trade war and Trump tariffs.
  • Bitmain has already begun U.S. production, while Canaan and MicroBT are exploring localization strategies.

Latest report suggest that the top three Chinese Bitcoin miners – Bitmain, Canaan and MicroBT – are all shiting base to the United States amid the fears of Trump tariff crackdown. The tariff impact is once again redefining the region’s supply chain. Furthermore, with Trump’s crypto-friendly policies and his last year’s election pledge to produce all Bitcoins in USA, could also benefit these Chinese miners.

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