The future for U.S. Bitcoin miners indeed looks a lot different today. Tariffs, technological innovations, and changes in global hashrate distribution are all pushing this change. The Trump administration’s tariffs were an attempt to spur ASIC manufacturing onshore, but their real-world effects are turning out to be more complicated. As...
Top Chinese Bitcoin mining companies are strategically moving operations to the United States in response to tariffs and geopolitical pressures. Companies such as Bitmain, MicroBT, and Canaan are just some of the companies setting up operations in the US market. These companies do all they can to offset the effects...
This is not solely bad news, it’s a paradigm shift. Forget the doom and gloom – that spell is good juju for America. Why? Let me break it down.More Jobs Coming Back HomeThink about it. Manufacturing jobs are sexy again. When we’re discussing smart, skilled labor, engineering, maintenance. But these...
Bitcoin mining is experiencing a historic shift. Chinese manufacturers of mining rigs seriously focused on the US market are not all Chinese companies. This change is driven by five main trends. Geopolitical tensions, economic incentives, and the ever-evolving landscape of the cryptocurrency market are all key factors. This post will...
Bitmain, the dominant producer of bitcoin mining rigs, is opening a manufacturing hub in the U.S. This smart business decision will help them avoid high tariffs and make their supply chains more nimble. The company’s change is a leading indicator of a larger trend. Towards this end, Chinese mining equipment...
Even major Chinese manufacturers are starting to relocate production to the United States. This unexpected development is changing the calculus of Bitcoin mining. Currently, Bitmain, Canaan, and MicroBT produce more than 90% of the mining hardware supplied to the Bitcoin ecosystem. These same companies are now establishing battery manufacturing plants...
The Bitcoin mining environment is still undergoing a unique and vibrant transition. One thing is for certain, Chinese hardware manufacturers are quickly making their mark in the United States. This migration is due in part to the violent conditions. Assurances against trade tension and national security concerns and the strategic...
