Trump’s Tariffs Reshape BTC Mining: China Moves to US
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The U.S.-China trade war is forcing a structural shift in the global bitcoin mining supply chain. China’s three dominant bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are establishing production facilities in the United States in response to escalating trade tensions between the two countries. According to a recent Reuters report, this strategic relocation aims to avoid U.S. tariffs but raises national security concerns over Chinese-made hardware connected to U.S. energy infrastructure. Together, these three companies supply over 90% of the world’s bitcoin mining hardware. Despite China’s 2021 ban on cryptocurrency activities, these mining rig giants have maintained their
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