Chinese Bitcoin Miners Expand US Production Amid Tariffs

The top three Chinese bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are shifting parts of their production to the United States to circumvent renewed U.S. tariffs imposed under President Donald Trump. Together, these companies control over 90% of the global bitcoin mining rig market and are seeking to maintain competitiveness in the U.S. market by avoiding steep import tariffs. This move marks a structural shift in the crypto hardware supply chain and reflects ongoing geopolitical and security tensions between the U.S. and China. While local production could help with tariff costs and logistics, it raises concerns about technology security and the long-term viability of U.S.-based manufacturing. The U.S. is rapidly increasing its share of global bitcoin mining power, leading to greater industry scrutiny. However, it is uncertain if U.S. manufacturing can achieve the same cost efficiencies as Chinese operations.