Bitcoin News Today: Bitmain Establishes First U.S. Plant Amid Trade Risks to Strengthen 37% North American Bitcoin Mining Share

Generated by AI AgentCoin World
Tuesday, Jul 29, 2025 10:15 pm ET2min read
Aime RobotAime Summary

- Bitmain to open U.S. plant in Texas/Florida by Q3 2025, producing ASICs with 250 local jobs.

- Aims to mitigate trade risks, boost North American Bitcoin mining share (37% global hashrate).

- Aligns with U.S. "Made in America" policies, competing with Canaan and MicroBT in reshoring efforts.

- Faces high costs and supply chain challenges, but supports 200+ jobs under federal programs.

Bitmain, the world’s largest cryptocurrency mining hardware manufacturer, is set to open its first U.S. production facility in either Texas or Florida by the end of the third quarter of 2025, with full-scale operations expected by year-end. The plant, confirmed by the company’s global business leader Irene Gao, marks a strategic shift to mitigate trade risks and strengthen its presence in the North American market, where Bitcoin mining has grown to account for 37% of the global hashrate [1]. The facility will produce application-specific integrated circuits (ASICs) and initially employ 250 local staff for production and maintenance roles, despite higher labor costs compared to overseas operations [2].

The move aligns with broader industry trends as Chinese firms like

and MicroBT also explore U.S. manufacturing to navigate tariffs and geopolitical tensions. Bitmain’s decision reflects a broader push by the U.S. government to localize critical technologies, including semiconductors and crypto infrastructure, under initiatives like “Made in America.” By establishing a domestic footprint, the company aims to reduce delivery delays, improve after-sales support, and foster closer ties with American partners while sidestepping potential import restrictions [2].

The U.S. market has become increasingly vital for crypto firms following China’s 2021 mining ban, which spurred a migration of operations to North America. Bitmain’s expansion is also a response to heightened regulatory scrutiny of Chinese technology companies and the Biden administration’s focus on reshoring key industries. The firm’s U.S. operations are expected to serve as a hub for its North American business, supporting institutional demand for mining hardware driven by Bitcoin’s growing mainstream adoption [3].

However, the project faces challenges, including elevated production costs and the need to build new supply chains. Bitmain’s ability to navigate these hurdles will determine the success of its U.S. venture, which analysts view as a necessary but risky long-term investment [6]. Competitors like Canaan have already begun trial production in the U.S., while MicroBT is in the early stages of establishing its own operations. Together, these firms dominate over 90% of Bitcoin mining hardware sales globally, underscoring their strategic imperative to maintain market share amid shifting trade dynamics [1].

The timeline for Bitmain’s facility remains consistent with earlier announcements, with production slated to begin in early 2026. While the company has not disclosed financial details or capacity figures, the project’s alignment with U.S. policy goals—such as creating over 200 jobs under federal reshoring programs—highlights its broader economic implications [5]. As the crypto industry continues to evolve, Bitmain’s U.S. entry signals a pivotal step in reshaping global supply chains and adapting to a landscape where geopolitical and regulatory factors increasingly dictate corporate strategy.

Sources:

[1] Cointelegraph, https://cointelegraph.com/news/bitmain-plans-first-us-factory-amid-trade-tensions

[2] The Block, https://www.theblock.co/post/364552/bitmain-plans-first-us-factory-end-q3

[3] CryptoRobotics, https://cryptorobotics.ai/news/news-report/bitmain-us-expansion-bitcoin-mining-revolution/

[4] AInvest, https://www.ainvest.com/news/bitmain-plans-factory-trump-cryptocurrency-push-2507/

[5] Sharecafe, https://www.sharecafe.com.au/2025/07/30/bitmain-to-establish-us-manufacturing-hub/

[6] Benzinga, https://www.benzinga.com/crypto/cryptocurrency/25/07/46683578/chinese-bitcoin-mining-tech-producer-bitmain-is-betting-big-on-america-but-why

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