⚙️ Chinese mining hardware manufacturers Bitmain, Canaan, and MicroBT are establishing production facilities in the United States. Together, these companies are responsible for over 99% of the world’s ASIC production. The move comes in response to the impact of US tariffs introduced under the Trump administration.
It appears the strategy is paying off. The shift could significantly boost the development of the Bitcoin mining industry in the US. The best part? US miners can breathe a sigh of relief, as equipment shortages are now unlikely.
