Leading Bitcoin mining equipment maker Bitmain Technology is set to establish its first US manufacturing facility, positioning itself as the sector expands within the country.
According to a report by Bloomberg dated September 10th, Bitmain plans to open its inaugural US ASIC manufacturing plant. The company also intends to inaugurate a new headquarters in either Texas or Florida by the end of the third quarter of 2025.
Bitmain’s Global Business Chief Officer, Irene Gao, outlined the facility’s timeline, stating production is expected to commence in early 2026, with full-scale operations projected for the end of that year. “The move aims to accelerate delivery and repair times for US customers,” Gao told Bloomberg, further describing the US market opportunity as “unique.”
In the initial phase, Bitmain anticipates hiring 250 local employees, focusing on manufacturing and facility maintenance roles. The company declined immediate comment to Cointelegraph.
This development occurs amidst reports that rival ASIC producers Canaan Creative and MicroBT are also shifting production to the US, driven by reciprocal tariffs on Chinese goods and the Trump administration’s crypto policy leanings.
Collectively, Bitmain, MicroBT, and Canaan dominate the global Bitcoin mining hardware market. A University of Cambridge study from April indicates Bitmain produces 82% of all Bitcoin mining ASICs, with MicroBT accounting for 15% and Canaan 2%. (See related story: Was Bitmain’s Shipper Hit by US Tariffs? Lawmakers Pushed for WTO Challenge, Report Says).
Increasingly, same China firms are relocating operations amid escalation of US restrictions. The $34B crypto seizure and other imposed policy changes force mining hardware big to make decision to move production to America.
Also, past issues drive push to US. Bitmain faced earlier regulatory pressures stemming from US probes against its affiliate, Chinese chip designer Sophgo, over links to sanctioned company Huawei.
