American Bitcoin Corp., a mining company linked to US President Donald Trump’s family, has completed one of the largest hardware purchases in the crypto sector this year.
The order locks in a huge amount of high-performance ASIC machines capable of producing about 14.02 exahashes per second in combined hashing power.
This level of output could boost American Bitcoin’s share of global mining capacity. The company originally had an option for as many as 17,280 units but decided to move fast to avoid price hikes from US tariffs on Chinese-made mining gear.
Jaran Mellerud, CEO of BTC mining firm Hashlabs, warned that higher costs could cut into profitability. He warned that steep price increases could raise mining costs in the US to a point where demand collapses, blaming regulators he viewed as ineffective.
The company plans to open its first US-based ASIC production site in early 2026. By the end of this year, it also expects to set up a new headquarters in Texas or Florida.
The aim is to make its products accessible to US customers at reasonable prices and escape import taxes by manufacturing locally.
Industry experts opine that this action would prompt other industry leaders such as MicroBT and Canaan to explore the possibility of diverting some production capacity to North America.
Although the complete implications of the tariffs on the mining supply chain are still uncertain, this recent acquisition indicates the depth of stakes for manufacturers and operators alike.
For Bitmain, it’s an indication that being able to bend with political and economic gusts will be the ticket to maintaining its dominance of the US market.
Featured image from Pexels, chart from TradingView
