Latest news from China and the US! Bitmain plans to establish its first BTC mining rig factory in the US, leveraging Trump's 'Made in America' strategy.

The world's largest cryptocurrency mining hardware manufacturer, Bitmain Technologies Ltd., plans to open its first factory in the United States in the coming months, strategically leveraging the "Made in America" wave of digital assets initiated by President Trump.

Bitmain's headquarters is located in Beijing, and the company plans to officially open a new headquarters and assembly line in Texas or Florida by the end of the third quarter. Bitmain's Global Business Director Irene Gao stated that initial production is expected to be realized in early 2026, with full production set to be achieved later this year.

This move reflects a new wave of American industrial policy, which leans towards the necessity of domestic production and operations. As Washington reshapes supply chains around national industrial policy, the once marginal industry—cryptocurrency Mining—is now joining the ranks of strategic industries such as semiconductors and energy.

Gao stated that Bitland expects local production to accelerate the delivery and maintenance speed for American customers. She added that although labor costs are higher, this move still makes business sense—especially in the face of uncertainty regarding tariffs.

Gao stated in an interview that the United States' push for Bitcoin hegemony represents "a unique opportunity."

Bitmain dominates the cryptocurrency mining computer market, but the trade war initiated by President Trump has disrupted its business in the United States. Due to increased scrutiny from the U.S. Customs and Border Protection (CBP), shipments of this Beijing-based company's goods have been detained.

Trump promised during his campaign to concentrate Bitcoin mining activities in the United States, which complicated matters further. Bitmain announced about a month after the election in November 2024 that it would open a factory in the United States, but did not disclose the specific location.

Gao stated that Bitmain plans to hire 250 local employees in the first phase to receive training in manufacturing and on-site maintenance.

Bitcoin miners use specialized computers to solve mathematical problems in order to verify blockchain transactions and earn rewards. Despite significant changes in the composition of this energy-intensive industry, Bitmain has maintained dominance since 2013.

Today, as the Chinese supply chain is impacted, the political influence of American cryptocurrency companies continues to grow, while Bitmain is still striving to enter the U.S. market. The United States is regarded as the pivot of global mining, and its position has become increasingly prominent following the ban in China.

The total market capitalization of U.S.-listed mining companies such as Mara Holdings Inc., Riot Platforms Inc., and CleanSpark Inc. has reached tens of billions of dollars.

Eric Trump, the son of Trump, and Donald Trump Jr. partnered with Hut 8 Corp. and a group of investors to establish a cryptocurrency mining company called American Bitcoin Corp.

Hut 8 announced in November 2024 the purchase of 31,145 Bitmain mining machines to upgrade its mining fleet, expected to be delivered in early 2025.

Bitmain's current production capacity includes facilities spread across Southeast Asia - a region that is easily affected by the strict trade protection measures of the Trump administration.

It remains to be seen what obstacles Bitmain may encounter while seeking a foothold in the United States. During the administration of former U.S. President Biden, Chinese Bitcoin miners operating in the U.S. were scrutinized due to security concerns. U.S. regulatory agencies have not clarified whether encryption hardware will be subject to the same export scrutiny as artificial intelligence chips.

Bitmain maintains its leading position thanks to its proprietary technology, which enables the large-scale production of powerful mining chips at low costs. Despite numerous U.S. companies entering the mining hardware sector, including Jack Dorsey's Block Inc. and MARA Holdings-supported Auradin, their global scale still cannot compare with that of China's top manufacturers.