Chinese Bitcoin Mining Giants Shift Production to US to Avoid 25% Tariffs
China’s top Bitcoin mining rig manufacturers, Bitmain, MicroBT, and
, have initiated production in the United States to circumvent the 25% tariffs imposed on Chinese imports. These companies collectively produce 99% of all Bitcoin mining ASICs globally. Bitmain began U.S. production in December 2024, while MicroBT is implementing a U.S. localization strategy. Canaan has started trial production and is evaluating further investment based on the evolving tariff landscape. The move is driven by the need to maintain access to the growing American mining market without the added cost burden of tariffs.The Trump administration’s trade policies have significantly increased tariffs on Chinese imports, prompting manufacturers to reassess their global production strategies. Establishing U.S. bases allows these Chinese rig makers to continue serving the American market more cost-effectively. This shift is seen as a strategic pivot toward politically acceptable hardware sources, reflecting deeper structural changes in the Bitcoin mining supply chain.
The increased presence of Chinese mining hardware in the U.S. has raised national security concerns. Experts warn that the reliance on Chinese-made rigs could pose risks, particularly if China restricts exports or manipulates supply. This could disrupt the stability of the Bitcoin network and affect U.S. users and investors. Despite the shift toward local manufacturing, U.S.-based miners still heavily depend on Chinese-made rigs due to limited domestic supply. Analysts predict that it will take time for domestic production to meet the growing demand, which is expected to reach significant levels by 2028.
Canaan, one of the leading manufacturers, has moved its headquarters to Singapore and reported that 40% of its revenue now comes from the U.S. The company’s executive, Leo Wang, acknowledged that U.S. tariffs are shaping key strategic decisions, forcing them to explore all alternatives. The situation highlights the complex interplay between trade policies, national security, and the global Bitcoin mining industry. As the market continues to evolve, the reliance on Chinese hardware remains a critical factor, with potential implications for network stability and investor confidence.
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