China’s Leading Bitcoin ASIC Makers Launch U.S. Production Amid Tariff Pressures
Three major players in the Bitcoin mining industry, Bitmain, Canaan, and MicroBT, which produce over 99% of global Bitcoin mining ASICs, are planning to establish production units in the U.S. This strategic move comes in response to rising tariff pressures and aims to enhance local production capabilities. By launching U.S. production, these companies seek to mitigate supply chain challenges and improve their competitiveness in the market. The unfolding developments in U.S. manufacturing for ASICs could reshape the global mining landscape.