Three leading Chinese cryptocurrency mining equipment manufacturers — Bitmain, Canaan, and MicroBT, controlling over 90% of the global market, have launched production lines in the USA. This step, as reported by Reuters, aims to bypass the new American tariffs introduced in 2025. The companies' decision reflects global changes in the mining industry and underscores strategic adaptation to economic and political challenges.
In 2025, the USA set a base tariff of 10% on imports from several countries, adding an additional 20% on goods from China. There is also a discussion about raising tariffs for Southeast Asian countries, where Chinese companies' assembly plants are located. These measures forced manufacturers to seek alternative ways to remain competitive in the American market, which provides over 30% of the global Bitcoin hash rate.
Bitmain: The market leader launched production in the USA in December 2024, immediately after Donald Trump's election victory. The company called this decision strategic, aimed at minimizing risks associated with tariffs.
Canaan: The company began experimental production in the USA in April 2025, following the announcement of new tariffs. Canaan's management emphasizes that instability in trade policy limits investment scales.
MicroBT: The third-largest manufacturer is actively developing localization in the USA to protect supplies from the impact of tariffs.
Moreover, Singapore-registered Bitdeer also plans to open production in the USA, citing a decline in demand due to tariff uncertainty.
American equipment manufacturers and experts express concern about the dominance of Chinese companies. They point to potential security risks associated with dependence on Chinese equipment. Major US miners, such as MARA, Core Scientific, CleanSpark, and Riot Platforms, emphasize that China's export restrictions could destabilize the Bitcoin network, harming American investors and users.
The opening of production lines by Chinese companies aligns with the Trump administration's policy aimed at developing mining in the USA. In June 2024, Trump announced plans to ensure the extraction of the remaining Bitcoins within the country. Commerce Secretary Howard Latnick confirmed support for the Bitcoin industry in April 2025, urging mining companies to develop infrastructure in the USA, including building data centers and power plants.
Localization of production in the USA may reduce logistical and financial risks for Chinese companies but raises questions about the long-term sustainability of the model. Experts note that shifting production requires significant investment, and instability in US trade policy can complicate planning. At the same time, strengthening local equipment production can bolster the US position as a global leader in cryptocurrency mining.
The launch of production lines by Chinese giants in the USA is a response to tightened trade policies and an effort to retain a share in the key market. However, dependence on Chinese equipment remains an issue for the American industry. The development will depend on the US administration's next steps and the global crypto market's reaction.