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Bitmain, Canaan, MicroBT Expand U.S. Production Amid Tariffs

Solomon M. by Solomon M.
June 18, 2025
in Bitcoin News
bitmain canaan microbt sunset
Key Takeaways:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • 90% of mining rigs produced by these three companies.
  • New U.S. factories aim to bypass Trump’s tariffs.
changes-in-bitcoin-mining-due-to-tariffs
Changes in Bitcoin Mining Due to Tariffs

Leo Wang of Canaan confirmed an exploratory move towards U.S. production to sidestep fluctuating tariffs. This decision signifies a shift in Bitcoin mining’s supply chain, as companies adapt to evolving geopolitical tensions. According to Guang Yang, CTO of Conflux Network, “The US-China trade war is triggering structural, not superficial, changes in bitcoin’s supply chains… It’s a strategic pivot toward ‘politically acceptable’ hardware sources.”

Industry Adaptation and Production Shift

Bitmain, Canaan, and MicroBT, controlling 90% of global Bitcoin rig production, aim to dodge tariffs by establishing U.S. production. The move addresses hardware supply chain volatility and explores future investments based on tariff evolution. MicroBT’s statement highlights their proactive approach: “Actively implementing a localisation strategy in the US to avoid the impact of tariffs.”

Immediate effects include potential changes in hashpower distribution and security perceptions as U.S. production scales. The establishment of factories may influence Bitcoin’s mining pool compositions. The political implications of these actions are significant, showcasing a strategic pivot towards locally acceptable hardware sources amid U.S.-China trade tensions. This expansion represents structural changes in global production lines.

The shift in production could impact future Bitcoin mining, influencing associated DeFi protocols and economic flows. This development mirrors past reactions in other technology sectors during trade conflicts, suggesting broader industry-wide adaptations.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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Bitmain, Canaan, MicroBT to Open U.S. Factories Amid Tariffs

Solomon M.

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