Bitmain Ships 187 Tons of Antminer Parts to Delaware to Sidestep U.S. Tariffs Under Trump Policies

Bitmain Technologies, a dominant player in Bitcoin mining hardware, has intensified its efforts to navigate U.S. trade policies by shipping 187 tons of Antminer components to a Delaware-based subsidiary, according to supply chain tracking by TheMinerMag. This move marks a strategic shift from exporting fully assembled units, a practice the company adopted during the 2023 bear market when surplus S19XP models were rerouted to Georgia for in-house mining operations [1]. The latest shipment, initiated in June 2025, underscores Bitmain’s pivot toward localized assembly in the U.S. to mitigate potential financial risks from anticipated tariffs under the Trump administration’s proposed trade policies [1]. By assembling hardware domestically, the firm aims to reduce costs for clients and preserve profit margins amid declining demand for new mining rigs post-halving [1].

The strategy mirrors approaches by competitors like MicroBT, whose U.S. partner has imported parts for local assembly since 2023 [1]. However, Bitmain’s logistics face unique challenges, including balancing international shipping expenses against tariff savings while maintaining product competitiveness in a saturated market. The company’s U.S. subsidiary, Cango Inc., has previously repurposed unsold inventory, repackaging surplus units under its NYSE-listed balance sheet [1]. This dual approach—stockpiling during downturns and leveraging domestic assembly—highlights Bitmain’s adaptive tactics in a volatile market.

Post-halving conditions have exacerbated industry-wide headwinds. Hashprice and transaction fees remain at historically low levels, diminishing incentives for miners to upgrade equipment. Analysts note that geopolitical tensions and regulatory shifts further complicate long-term planning for hardware manufacturers [1]. Bitmain’s localized production model, while potentially cost-effective, requires scaling operations in Delaware to justify the investment in retooling supply chains. Success hinges on maintaining quality control and cost efficiency in foreign markets, a challenge analysts caution could determine the strategy’s viability [1].

TheMinerMag’s tracking reveals how trade pressures are reshaping the mining sector. Bitmain’s proactive response to tariff risks positions it to retain market share if proposed policies take effect, while competitors face higher import costs. However, the broader industry remains vulnerable to demand fluctuations and regulatory uncertainty. For Bitmain, the Delaware initiative serves as a case study in navigating cross-border trade challenges in high-margin technology sectors, offering insights into how firms balance compliance with competitive positioning [1].

Source: [1] [Miner Weekly: Bitmain Funnels 187 Tons of Antminer Parts to Skirt US Tariffs – Mining Bitcoin News] [https://theminermag.com/news/2025-07-24/miner-weekly-bitmain-antminer-part/]