Bitcoin Mining Giants Relocate Production to US Over Tariff Fears

Key Takeaways

• The world’s top three Bitcoin mining hardware makers are moving production to the U.S.
• Escalating tariffs are driving the shift amid the U.S.–China trade war.
• Bitmain and Canaan have already begun U.S. production; MicroBT is next.

The world’s largest Bitcoin mining hardware manufacturers are moving operations to the U.S., bracing for the fallout from intensifying trade tensions between Washington and Beijing.

According to Reuters , Bitmain, Canaan, and MicroBT — all based in China and together accounting for over 90% of global mining rig supply — are setting up shop in the United States to sidestep newly imposed tariffs under the Trump administration.

Bitmain, Canaan, MicroBT Race to Localize

Bitmain, the industry’s biggest player, began producing rigs in the U.S. back in December, shortly after Donald Trump’s election win, positioning itself ahead of expected tariff changes.

Canaan followed with trial production in early April. Meanwhile, MicroBT says it’s actively working on a U.S. rollout as part of a “localization strategy” designed to cushion the impact of tariffs.

Tariff Wars Are Redrawing the Bitcoin Mining Map

The shift is the latest consequence of Trump’s pledge to bring crypto infrastructure back home.

While China once dominated Bitcoin mining, accounting for over 60% of the network’s hash rate, the 2021 mining ban forced the industry westward, and the U.S. quickly took the lead.

However, hardware production has remained in China despite the mining shift, creating a geographic imbalance.

“While over 30% of global bitcoin mining occurs in North America, more than 90% of mining hardware originates from China, representing a major imbalance of geographic demand and supply,” said Sanjay Gupta, chief strategy officer at Auradine.

With Trump’s tariffs threatening to widen the gap further, mining machine makers are being pushed to shorten supply chains and move manufacturing closer to where demand is rising.

If the trend continues, the U.S. could not only dominate hash rate but also become the world’s leading hub for Bitcoin mining infrastructure, fulfilling Trump’s campaign promise to turn America into the global capital of crypto.