Bitmain to open first US-based ASIC chip factory: Bloomberg

The world’s apical Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly connected the verge of opening its archetypal US-based manufacturing plant.

According to a Tuesday Bloomberg report, Bitmain plans to unfastened its archetypal US-based ASIC manufacturing installation successful the coming months. The institution besides reportedly plans to unfastened caller office successful Texas oregon Florida by the extremity of the 3rd 4th of 2025.

Irene Gao, Bitmain’s planetary concern chief, told Bloomberg that spot accumulation is expected to statesman successful aboriginal 2026, with full-scale manufacturing anticipated by the extremity of that year. She said the determination is intended to accelerate transportation and repair times for US-based customers.

Gao besides called the United States’ propulsion for Bitcoin dominance “a unsocial opportunity,” and said Bitmain plans to prosecute 250 section workers successful the archetypal signifier of its rollout. These roles volition see grooming successful manufacturing and installation maintenance.

Bitmain did not instantly respond to Cointelegraph’s petition for comment.

Related: US mining companies consciousness proviso compression from Bitmain shipment delays

Bitmain is successful bully company

The quality follows mid-June reports that Bitmain, Canaan and MicroBT — which collectively nutrient astir of the world’s Bitcoin mining ASICs — are bringing accumulation to the US successful effect to the hefty reciprocal tariffs imposed connected China and a favorable crypto argumentation pivot by the Trump administration.

Together, the 3 companies power astir the full Bitcoin ASIC hardware market. A University of Cambridge survey published successful April recovered that Bitmain accounts for 82% of planetary Bitcoin ASIC production, with MicroBT and Canaan producing 15% and 2%, respectively.

Mining hardware organisation by shaper chart. Source: Cambridge Digital Mining Industry Report

Related: Bitmain-linked steadfast Sophgo denies supplying AI chips to Huawei

A solution to US regulatory woes

Producing successful the US is besides a imaginable solution to Bitmain’s past issues with US authorities. Back successful precocious November 2024, the US Customs and Border Protection Agency halted the delivery of thousands of Bitmain ASICs.

The seizure followed an October probe by US authorities into Chinese spot designer Xiamen Sophgo implicit an alleged concern relationship with US-sanctioned institution Huawei. The spot decorator besides supports Bitmain’s ASIC business, which has led US authorities to instrumentality enactment against this institution arsenic well. Authorities person started releasing the hardware successful March.

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