China’s top three Bitcoin mining rig manufacturers, Bitmaine, Canaan and Microto, are reportedly moving some of their production to the US. Reuters It was reported on June 18th.
The move comes as a response to the strengthening of trade tensions caused by President Donald Trump’s new tariff policy.
These tariffs aimed at reducing US reliance on foreign technologies are driving major changes throughout the crypto hardware supply chain.
Chinese miners move to the US
The trio’s biggest trio, Bitmain, began production in December last year, shortly after Trump secured his return to presidency, according to the report.
Canaan followed company executives confirming that the company is in early stage trials aimed at measuring the long-term feasibility of its US operations.
Finally, MicroBT recently confirmed that it is working on a localization plan to limit tariff exposure and maintain market access.
Three Chinese companies manufacture over 90% of the world’s BTC mining machines. These professional computers perform heavy calculations that strengthen the Bitcoin job proof consensus by verifying transactions and protecting the network.
By building factories in the US, these Chinese companies hope to minimize the impact of cross-border tariffs on costs. But their presence could raise security concerns among US regulators, especially given past tensions regarding China’s involvement in important industries.
High hashrate for US miners
The movement of Chinese Bitcoin mining machine manufacturers comes further as the US hosts an increasing share of global Bitcoin mining power.
On June 17, Matthew Sigel, head of Vanek’s digital assets research, shared data showing that the total hashrates for US listed miners has recently reached 31.6% of the global total, marking a new record.
Hashrate refers to the total computing power that protects your network and reflects how competitive mining has turned out.
Over the past year, hashrates from US miners have increased rapidly, jumping nearly 50% from the 21% lowest in April 2024 to the current number.
The data shows a clear trend that America is becoming a new hub for industrial-scale Bitcoin mining, with Chinese companies pivoting to stay in the game.