Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Bitmain Opens First US Facility for Crypto Mining Hardware
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Bitmain US Facility for Crypto Mining Hardware
PhotoNews Pakistan > Tech > Bitmain Opens First US Facility for Crypto Mining Hardware
Tech

Bitmain Opens First US Facility for Crypto Mining Hardware

Web Desk
By Web Desk Published July 29, 2025 3 Min Read
Share
Image Credit: Cryptonomist
SHARE

Bitmain Technologies Ltd., the world’s leading manufacturer of cryptocurrency mining hardware, plans to open its first U.S. facility by Q3 2025. The new headquarters and assembly line, set for Texas or Florida, will begin initial production in early 2026, with full-scale output later that year, according to Irene Gao, Bitmain’s global business chief.

This move aligns with the “Made in America” trend and U.S. industrial policies that promote domestic production. Crypto mining, once a niche sector, is now joining strategic sectors like semiconductors, driven by national priorities and tariff uncertainties.

Bitmain’s Expansion in the US Market

Bitmain’s US facility aims to streamline deliveries and repairs for American customers, despite higher labour costs. Gao highlighted the commercial sense of local production amid shifting global supply chains. The US, now a global hub for crypto mining following China’s 2021 ban, offers a prime opportunity. Publicly listed US miners, such as Mara Holdings Inc., Riot Platforms Inc., and CleanSpark Inc., hold billions in market value, underscoring the sector’s growth.

Bitmain Technologies, the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months https://t.co/fWZHGegRUy

— Bloomberg (@business) July 29, 2025

The decision follows challenges from US trade policies. Former President Donald Trump’s trade war disrupted Bitmain’s shipments, with increased scrutiny from Customs and Border Protection. In January 2025, the US Commerce Department blacklisted Bitmain’s AI affiliate, citing ties to China’s chip production goals. Trump’s pledge to boost US Bitcoin mining further influenced Bitmain’s strategy post his November 2024 election win.

Since 2013, Bitmain has led the crypto mining hardware market. Its specialised computers solve complex mathematical problems to verify blockchain transactions, earning rewards. Despite global supply chain pressures, Bitmain holds a commanding market share. The US facility aims to secure its foothold in this critical market.

The US push reflects the growing political and economic influence of crypto. By producing locally, Bitmain reduces its reliance on Chinese supply chains, navigates tariff risks, and strengthens ties with US firms. This move could reshape the industry, boosting efficiency and trust in American markets.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Sydney Sweeney James Bond

Sydney Sweeney Expresses Interest in Playing James Bond, Not a ‘Bond Girl’

China's Marriage Tourism

China’s ‘Marriage Tourism’ Push Reverses National Decline in Weddings

Islamabad Rawalpindi flour crisis

Flour Crisis in Islamabad, Rawalpindi After Wheat Supply Halted

Post Archives

More Popular from Photonews

Pakistan Women Cricket Team Beat West Indies
Sports

PCB Fires Coach Muhammad Wasim After Women’s Team’s World Cup Exit

2 Min Read
Sufra Drone Jammer
Pakistan

Pakistan Unveils Sufra Drone Jammer to Counter Cross-Border Threats

2 Min Read
Pakistan dollar sales
Pakistan

Worker Remittances to Pakistan Rise 12% to $3.4 Billion in October

2 Min Read
Tech

Apple to Power Siri Revamp with Google’s AI in $1 Billion Deal

Apple is finalising a landmark deal to license artificial intelligence technology from Google, according to a…

November 6, 2025
Entertainment

Kendall Jenner Celebrates 30th Birthday with Naked Beach Poses

Model Kendall Jenner celebrated her 30th birthday by sharing a series of personal photos from a…

November 7, 2025
Balochistan

5.0 Earthquake Ziarat Pakistan: Tremors Felt Near Quetta

A moderate earthquake struck early Saturday morning. It registered 5.0 on the Richter scale. The tremors…

November 8, 2025
Top NewsWorld

CBS Airs Only 28 Minutes of Trump’s 73-Minute Interview

The recent "60 Minutes" interview with President Donald Trump offered a rare public glimpse into the…

November 4, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?