Chinese Mining Giants Shift to U.S. to Dodge Trump Tariffs
What’s happening:
Industry leaders Bitmain, Canaan, and MicroBT—which produce over 90% of the world’s Bitcoin mining rigs—are opening U.S. manufacturing facilities to avoid escalating tariffs on Chinese imports .
Why it matters:
These tariffs (10% baseline + 20% additional on China) are prompting a structural overhaul of the crypto hardware supply chain .
The move aligns with U.S. national security goals and reduces dependency on Chinese-made rigs .
Short-term impact:
U.S. miners may still pay higher prices as they transition to locally-made equipment .
Manufacturing shifts are still early-stage; full capacity ramp-up will take time.
🔮 What’s Next
Long-term opportunity: Establishing U.S. production sites fosters a secure, politically acceptable supply chain, potentially benefiting American miners and tech providers .
Geopolitical advantage: Reducing reliance on China supports the broader goal of reshoring critical crypto infrastructure