- Chinas mining giants Bitmain, Canaan, and MicroBT set up US . . .
Bitmain, Canaan, and MicroBT are building mining rigs in the US to avoid Trump’s new tariffs The three firms control over 90% of global bitcoin mining hardware production US officials and companies are raising national security concerns over Chinese-made rigs
- Trump’s tariffs see makers of Chinese bitcoin-mining machines . . .
Trump’s tariffs see makers of Chinese bitcoin-mining machines eye US production Top manufacturers Bitmain, Canaan and MicroBT are setting up production in the US to counter tariff and
- Trump Tariff Pushes Top Chinese Bitcoin Rig Makers to US Soil
Bitmain started manufacturing Bitcoin mining rigs in the United States in December 2024 The move came after Donald Trump returned to the presidency and reinstated the Trump Tariff Canaan launched pilot production in the US to assess the long-term feasibility of operations MicroBT confirmed it is
- Chinese Bitcoin Hardware Titans Hold 95% Market, Shift to US
Three of China’s largest Bitcoin hardware manufacturers are establishing production facilities in the United States as President Donald Trump’s tariff policies reshape the cryptocurrency industry The three industry leaders, Bitmain, Canaan, and MicroBT, collectively control over 90% of the global mining rig market
- Chinese Bitcoin Mining Giants Shift Production to U. S. Amid . . .
According to Reuters, the world’s three largest Bitcoin mining machine manufacturers — Bitmain, Canaan and MicroBT, have all established production facilities in the U S to circumvent newly imposed tariffs by the Trump administration The three companies originate from China and… — Wu Blockchain (@WuBlockchain) June 18, 2025
- Trump Tariff Impact: Top Chinese Bitcoin Miners Are Shifting . . .
Bitmain, Canaan, and MicroBT, which control 90% market share in Bitcoin mining rigs, now moving to the US They are responding to structural changes in the supply chain triggered by the U S -China trade war and Trump tariffs Bitmain has already begun U S production, while Canaan and MicroBT are exploring localization strategies
- Bitmain, Canaan MicroBT Launch US Production to Bypass 20% . . .
Bitmain, Canaan, and MicroBT want to avoid the 20% extra tariffs President Trump placed on Chinese imports Bitmain started production at its U S assembly line in December 2024, one month after Trump won re-election Canaan began trial production in the U S after Trump announced the tariffs on April 2
|