Bitmain Plans First US Manufacturing Facility to Capitalize on Domestic Crypto Boom

Bitmain, a leader in Bitcoin and cryptocurrency mining hardware, is set to establish its first U.S. manufacturing facility, marking a significant step in aligning with America’s push for domestic production in strategic industries. The Beijing-based company plans to open a new headquarters and assembly line in either Texas or Florida by the end of the third quarter of 2025, with initial production expected in early 2026 and full-scale operations following later that year. This move comes as the U.S. strengthens its position as a hub for Bitcoin mining, fueled by industrial policies favoring “Made in America” initiatives and growing political support for the crypto sector. Irene Gao, Bitmain’s global business chief, emphasized that the facility will enhance delivery and repair services for U.S. customers, despite higher labor costs, while navigating uncertainties around tariffs and trade restrictions.

The decision reflects Bitmain’s strategic response to a shifting global landscape, where U.S. policies are reshaping supply chains and elevating crypto mining to a critical industry alongside semiconductors and energy. Gao noted that local production will streamline operations for American clients, reducing delays caused by international shipping and regulatory scrutiny. Bitmain has faced challenges in the U.S. market, including heightened customs and border protection oversight and a January 2025 blacklist of its AI affiliate by the U.S. Commerce Department for allegedly supporting China’s advanced chip ambitions. The company’s U.S. expansion, announced shortly after President Donald Trump’s November 2024 election victory, aligns with his pledge to concentrate Bitcoin mining activity domestically, presenting what Gao called “a unique opportunity” for growth.

Strategic Shift Amid Global Challenges

Bitmain’s dominance in the crypto mining hardware market, which it has held since 2013, relies on its proprietary technology that enables cost-effective, high-performance ASIC mining chips. The company’s decision to establish a U.S. facility comes as Chinese supply chains face increasing scrutiny under the Trump administration’s trade policies, which threaten tariffs and restrictions on Southeast Asian production hubs where Bitmain currently operates. By hiring 250 local employees for manufacturing and maintenance in the first phase, Bitmain aims to build a robust U.S. presence while mitigating risks tied to international trade disruptions. The U.S. has emerged as the global leader in Bitcoin mining since China’s 2021 ban, with publicly listed American firms like Mara Holdings Inc., Riot Platforms Inc., and CleanSpark Inc. commanding significant market value.

The U.S. facility also positions Bitmain to capitalize on growing domestic demand, exemplified by partnerships like Hut 8 Corp.’s November 2024 purchase of 31,145 Bitmain machines to upgrade its mining fleet, backed by the American Bitcoin venture involving Trump’s sons, Eric and Donald Jr. However, challenges remain, as Chinese-owned miners have previously faced U.S. regulatory scrutiny over national security concerns, and it’s unclear whether crypto hardware will face the same export controls as AI chips. Meanwhile, U.S.-based competitors like Block Inc. and Auradine are entering the mining hardware space but have yet to match Bitmain’s global scale. By establishing a foothold in the U.S., Bitmain is not only adapting to a rapidly evolving industry but also reinforcing its leadership in a market increasingly shaped by American industrial and political priorities.