Bitmain is preparing to launch its first manufacturing plant in the United States, marking a significant shift in the global crypto hardware supply chain.
According to a Bloomberg report published Tuesday, the China-based firm aims to begin chip production at the facility by early 2026, with full-scale operations expected before the end of that year. Bitmain is also eyeing a new U.S. headquarters, to be established in either Texas or Florida by Q3 2025.
Irene Gao, Bitmain’s global business chief, said the expansion is designed to streamline delivery and repair services for U.S.-based clients. She described the current U.S. drive for Bitcoin leadership as “a unique opportunity,” adding that the company will hire around 250 local workers in the first phase, focusing on manufacturing and maintenance roles.
Bitmain’s U.S. push comes as leading ASIC producers — including MicroBT and Canaan — are collectively moving operations stateside. The strategic pivot follows mounting trade tensions, with the U.S. imposing steep tariffs on Chinese technology products, and a growing pro-crypto stance from the Trump administration.
The three firms — Bitmain, MicroBT, and Canaan — dominate the global Bitcoin ASIC market, controlling roughly 99% of hardware supply. A University of Cambridge report published in April estimated Bitmain’s share at 82%, with MicroBT and Canaan trailing at 15% and 2%, respectively.
Domestic production also offers Bitmain a path to sidestep ongoing tensions with U.S. authorities. In late 2024, U.S. Customs and Border Protection seized thousands of Bitmain ASIC units. The action followed an investigation into Chinese chipmaker Xiamen Sophgo — a Bitmain partner — over alleged ties to blacklisted telecom giant Huawei. While the seized hardware was gradually released starting in March, the incident underscored regulatory risks tied to cross-border tech partnerships.
By establishing a manufacturing base in the U.S., Bitmain aims to not only reduce geopolitical friction but also strengthen its foothold in a rapidly evolving North American mining sector.
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