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Crypto Prune > News > Crypto > Bitcoin > Trump-bound Bitcoin Miner spends $334 million on Chinese computer chips
Bitcoin

Trump-bound Bitcoin Miner spends $334 million on Chinese computer chips

5 months ago 4 Min Read
A reliable editorial Content reviewed by industry experts and veteran editors. Advertising disclosure

American Bitcoin Corp., a mining company associated with President Donald Trump’s family, completed one of the largest hardware purchases in the Crypto sector this year.

The company reportedly paid about $314 million for 16,290 Antminer U3S21Expph units from China’s Mines Bitmain.

Large purchases ahead of tariffs

Orders are locked into a large amount of high-performance ASIC machines that can produce approximately 14.02 exa hash per second with combined hash power.

This level of output could increase the share of US Bitcoin’s global mining capacity. The company originally had 17,280 units of options, but decided to move faster to avoid price increases from US tariffs on Chinese-made mining equipment.

Industry trackers say orders of this size were rare for American miners in 2025. The company has not disclosed where the rigs will be deployed, but sources familiar with the issue say they will distribute them to multiple large sites to reduce operational risks.

Bitmain’s Antminers at Hut 8’s Vega facility in Texas. Source: The Miner Mag.

Political and Trade Pressures

The deal took place just before the Trump administration began implementing tariffs on imported Chinese mining hardware. This policy covers a wide range of technology products, including ASIC miners, and aims to bring production back to the US. However, critics say these tariffs could raise operating costs for domestic miners.

Jaran Mellerud, CEO of BTC Mining Firm Hashlabs, warned that higher costs could reduce profitability. He warned that a sudden price increase could raise US mining costs, breaking down demand and criticize regulators he deemed ineffective.

See also  The Bitcoin Boom adds billions to these government holdings
BTCUSD is currently trading at $117,047. Chart: TradingView

Bitmain Eyes US Extension

According to a Cambridge University study, Bitmain, which manages around 80% of the global ASIC market, adjusts its operations according to customs duties.

The company is planning to open its first US-based ASIC production site in early 2026. We also hope to establish a new headquarters in Texas or Florida by the end of this year.

The aim is to make the product accessible to US customers at reasonable prices and avoid import taxes by manufacturing it locally.

Industry experts say the action will encourage other industry leaders, such as Microbt and Canaan, to explore the possibility of diverting some capacity to North America.

The full implications of tariffs on the mining supply chain are still uncertain, but this recent acquisition similarly shows the depth of the stocks of manufacturers and operators.

For American Bitcoin, the $314 million order shows faith in the industry’s profitability despite the price of Bitcoin and increasing competition.

For Bitmain, the ability to bending along with political and economic gusts is a ticket to maintain dominance in the US market.

Pexels featured images, TradingView charts

Editing process Bitconists focus on delivering thorough research, accurate and unbiased content. We support strict sourcing standards, and each page receives a hard-working review by a team of top technology experts and veteran editors. This process ensures the integrity, relevance and value of your readers’ content.

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