Top manufacturers Bitmain, Canaan and MicroBT are setting up production in the US to counter tariff and geopolitical risks
The world’s three bestselling makers of bitcoin-mining machines – all of Chinese origin – are setting up manufacturing footholds in the US as President Donald Trump’s tariff war reshapes the cryptocurrency supply chain.
Bitmain, Canaan and MicroBT build over 90 per cent of global mining rigs – essentially computers dedicated to number-crunching that produces bitcoin. Establishing US bases could shield them from tariffs but risks stoking security concerns the US has with China in areas as varied as chipmaking and energy security.
“The US-China trade war is triggering structural, not superficial, changes in bitcoin’s supply chains,” said Guang Yang, chief technology officer at crypto tech provider Conflux Network.
Your personal data will be processed and information from your device (cookies, unique identifiers, and other device data) may be stored by, accessed by and shared with 90 TCF vendor(s) and 19 ad partner(s), or used specifically by this site or app.
