Bitmain plans its first cryptographic mining installation in the United States: Bloomberg



Bitmain, one of the largest producers in Cryptographic Mining Hardware, will open its first installation in the US

The manufacturer of Rigs Antminer, which currently manufacturers throughout Southeast Asia, plans to establish a US base. And an assembly line in Texas or Florida. Production is expected to begin at the beginning of 2026, with the hiring already in progress for 250 local workers.

The measure occurs approximately one year after President Donald Trump requested that all the remaining bitcoin “do in the United States”

Bitmain has long dominated the specialized cryptocurrency mining hardware market. This domain has been threatened by the growing American scrutiny of Chinese technology companies and supply interruptions caused by the growing commercial tensions and tariff threats.

The opening of an American plant could accelerate deliveries and repairs for customers in the country, Gao said, adding that, although labor costs are higher, the movement still makes commercial sense.

The high Customs scrutiny and the US border protection. UU. It has delayed the shipments of mining equipment, and the US Department of Commerce. of the people of the people of China.

Bitcoin mining was historically dominant in China given the low energy costs that miners could take advantage of in the country. After the practice was prohibited there in 2021, the United States became an outstanding cryptographic mining center, with American cryptographic miners such as Mara Holdings (Mara) and Cleanspark (CLSK) that are now negotiated publicly.

Even so, the American Bitmain movement faces obstacles, including regulatory scrutiny and uncertainty about whether cryptography hardware such as ASIC miners will be subject to the same export rules as AI chips.

The company began a Bitcoin mining farm in the rural area of Texas in 2019, taking advantage of the low energy costs in the region. It is not clear if you still have the site.

Leave a Comment

Your email address will not be published. Required fields are marked *