news 
Bitmain to Open US Factory—Here’s Why the Bitcoin World Should Pay Attention
In a recent move, Bitmain, the global leader in the production of Bitcoin mining hardware known as application-specific integrated circuits (ASICs), is reportedly preparing to open its first manufacturing facility in the United States. This strategic decision has significant implications for the broader cryptocurrency industry and warrants attention from all stakeholders.
The reported plan is to begin chip production in early 2026, with the facility reaching full operational capacity by the end of that year. Additionally, Bitmain is exploring potential sites for its new headquarters, with Texas and Florida being identified as leading candidates, anticipating establishing the headquarters by late Q3 of 2025.
This expansion into the US market aligns closely with ongoing geopolitical developments affecting the global technology and crypto industries. Historically, the majority of ASIC manufacturing has been concentrated in China, but escalating trade tensions between China and the United States, coupled with substantial tariffs, have reshaped market dynamics. In response to these conditions, major ASIC manufacturers like Bitmain, MicroBT, and Canaan are increasingly turning towards North America as an alternative hub for their operations.
Given Bitmain’s extensive influence, this strategic shift is poised to have considerable implications for the broader industry.
Source: bitcoinist.com
