Chinese Bitcoin mining giants shift their activities to the United States in the face of increasing customs pressure
China's largest manufacturer of crypto hardware newly draws your cards. In view of the rising US tariffs to technology imports, Bitmain, Canaan and Microbet-have over 90% of the global market for Bitcoin-Mining-Rigs are moving-parts of their production to the United States.
Bitmain began to re -election with the assembly of rigs in America shortly after Trump's re -election Step, This soon followed Canaan and Micrutt, both of which wanted to bypass the import tax of 30% currently raised to Chinese technology. Canaan described the US project as a probing and referred to the unpredictability of current trade policy. Microbt confirmed his change of course and called him a “localization strategy”.
However, these changes go beyond the avoidance of tariffs. Chinese mining machines are increasingly being viewed as potential security risks in the United States. Since Washington is increasingly suspicious of foreign technology that is integrated into the domestic infrastructure, Chinese companies are trying to keep themselves in the game through a “more American” orientation.
Guang Yang von Conflux Network described the trend as structural change in the supply chain of cryptocurrencies – a departure from geopolitically sensitive sources. Sanjay Gupta von Auradine warned that the dependence on devices produced in China for the operation of North American mining farms harbors long-term risks. In his view, the imbalance between the location of the miners and the origin of the hardware is not sustainable.
Canaan rejected these concerns and argued that mining devices did not meet any other purpose than securing the Bitcoin network. Nevertheless, the latest US sanctions-such as against Bitmain's AI division-show that Chinese technology is increasingly under observation regardless of the application.
Despite the crypto ban in China in 2021, the country's dominance remained unbroken thanks to early scaling and the latest chip design. Companies like Canaan moved their headquarters to Singapore and expanded to US production, but are still dependent on their production base in China-a basis that is currently under pressure.
Trump, who positions himself as a “crypto president”, has supported initiatives like a national Bitcoin reserve. Ironically, the hardware, which is supposed to inspire these ambitions, still comes from companies against which he has imposed tariffs. The United States wants to be the leading in terms of cryptocurrencies – but are still dependent on its main competitor to build the machines that enable this.
