Reuters: Three leading Chinese Bitcoin mining rig manufacturers are establishing manufacturing bases in the United States.

GateUser-6433627c · 2025-06-18T06:06:49+00:00

Three Chinese Bitcoin Mining Rig manufacturers, Bitmain, Canaan Creative, and MicroBT, are establishing manufacturing bases in the United States to respond to Trump's tariff war, and are expected to dominate the cryptocurrency mining rig market worth up to $12 billion by 2028.

GateUser-6433627c

2025-06-18 06:06:49

Abstract generation in progress

[Reuters: Three leading Chinese Bitcoin mining rig manufacturers are establishing manufacturing bases in the United States] According to Reuters, Trump’s tariff war is reshaping the Crypto Assets Supply Chain. The world’s three major Bitcoin mining rig manufacturers, Bitmain, Canaan Creative, and MicroBT (all from China), are establishing manufacturing bases in the United States. This move may protect them from the impact of tariffs, with Bitmain having started producing mining rigs in the U.S. last December, Canaan Creative piloting production, and MicroBT actively advancing its localization strategy in the U.S. Analysts estimate that by 2028, these three companies will dominate the Crypto Assets mining rig manufacturing industry with a market capitalization of up to $12 billion.

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