Key Takeaways
- Bitmain announced plans to open a U.S. manufacturing line in December.
- The company has now said it intends to open an American headquarters
- U.S. production is expected to start in early 2026.
Bitmain, the world’s largest manufacturer of crypto mining hardware, plans to open new offices and production facilities in the U.S.
The Chinese company is reportedly eyeing Texas or Florida for its American push and plans to start production in early 2026.
Bitmain Prepares for U.S. Expansion
Bitmain first announced plans to open up an American production line in December. A Bloomberg report on Tuesday, July 29, confirmed that it is actively pursuing a U.S. expansion.
The new factory is expected to speed up deliveries and repairs for its American customers, which include Bitcoin mining giants Marathon Digital and Riot Platforms.
Bitmain dominates the market for the specialized ASIC (application-specific integrated circuit) chips that power modern crypto mining. Almost all major players in the space currently rely on its hardware to a degree, although some have moved to diversify suppliers in recent years.
U.S. tariffs on Chinese technology are likely to have motivated Bitmain’s decision.
It isn’t clear whether the proposed production line would manufacture individual components or simply assemble servers with parts imported from China.
However, with combined tariffs on Chinese semiconductors currently set at 25%, shifting some ASIC production to the U.S. makes business sense.
‘Made In America’ Crypto Mining Equipment
The U.S is currently the world’s largest Bitcoin miner, accounting for an estimated 37% of the global hashrate . This makes trade friction between the U.S. and China a major problem for Chinese manufacturers.
As such, Bitmain isn’t the only maker of crypto mining equipment looking to set up a U.S. manufacturing base. Canaan and MicroBT are also exploring their U.S. manufacturing options.
Canaan started trial production in the U.S. after Trump announced his so-called Liberation Day tariffs on April 2. However, the initiative remains exploratory due to the volatile tariff situation, according to Canaan’s Head of Capital Markets Leo Wang.
Meanwhile, MicroBT said it is “actively implementing a localization strategy in the U.S.” to “avoid the impact of tariffs.”
Chinese firms aren’t the only ones riding the made-in-America wave. In late 2023, American startup Auradine was launched with the goal of disrupting a supply chain dominated by Bitmain, Canaan and MicroBT.
While Bitmain’s Antminers remain the industry standard, Auradine’s mining rigs and ASIC chips have been adopted by MARA Holdings, FutureBit, and Deep South. (MARA also holds an $85.4 million equity stake in the business.)
