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.