Chinese bitcoin mining equipment manufacturers Bitmain, Canaan, and MicroBT, which together control over 90% of the global mining rig market, are establishing production facilities in the United States to sidestep rising tariffs and maintain access to the global market.
According to reports; The move comes as U.S.-China trade tensions intensify and domestic regulatory scrutiny increases. Companies like Bitmain and MicroBT are setting up assembly lines and logistics hubs in states like Texas to reduce costs and avoid import duties.
The global bitcoin mining hardware market is projected to reach an estimated US$12 billion by 2028, despite ongoing US-China tensions. These new shifts also position Chinese bitcoin closer to major clients and the growing North American mining industry.