Bitmain Eyes Texas or Florida for US Facility

Bitmain, the world's largest crypto mining hardware manufacturer, plans to open its first US facility by the end of Q3 2025, with Texas or Florida as potential locations for its headquarters and assembly line. Initial production is set for early 2026, with about 250 local workers to be hired for manufacturing and maintenance. The move is influenced by pro-crypto sentiment under the Trump administration, shifting US industrial policies, and ongoing trade tensions and tariff uncertainties with China. Bitmain expects its US facility to provide faster delivery and repair services for American customers, despite higher labor costs. The company faces regulatory scrutiny, including questions about whether crypto mining hardware will fall under export rules affecting AI chips and increased inspection of Chinese tech imports. If successful, Bitmain will strengthen the US position as a global bitcoin mining hub.