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Reading: Chinese Bitcoin mining giants move production to US amid tariff tensions
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The cryptonews hub > Blog > Trending News > Chinese Bitcoin mining giants move production to US amid tariff tensions
Trending News

Chinese Bitcoin mining giants move production to US amid tariff tensions

Crypto Team
Last updated: June 18, 2025 8:32 pm
Crypto Team
Published: June 18, 2025
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wp header logo 636 Chinese Bitcoin mining giants move production to US amid tariff tensions

These tariffs, aimed at reducing US reliance on foreign technology, are prompting significant changes across the crypto hardware supply chain.

According to the report, Bitmain, the largest of the trio, began manufacturing in the US last December, shortly after Trump secured his return to the presidency.

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Canaan followed with a company executive confirming that the firm is in an early-stage trial meant to gauge the long-term feasibility of US operations.

Lastly, MicroBT recently confirmed that it was working on a localization plan to limit tariff exposure and maintain market access.

By building factories in the US, these Chinese firms hope to minimize the cost impact of cross-border tariffs. However, their presence may also raise security concerns among US regulators, especially given past tensions around Chinese involvement in critical industries.

Hashrate refers to the total computing power securing the network and reflects how competitive mining has become.

This data shows a clear trend that America is becoming the new hub of industrial-scale Bitcoin mining, and Chinese firms are pivoting to stay in the game.

source

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