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95% Of Bitcoin Hardware Comes From China—Now Its Makers Are Heading To America

95% Of Bitcoin Hardware Comes From China—Now Its Makers Are Heading To America

Leave a Comment / ASIC, Bitcoin, Bitcoin mining, Bitmain, Canaan, crypto, Crypto Mining, microbt, Silicon Valley, tariffs, Trump, Uncategorized /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Three of China’s biggest Bitcoin hardware makers have quietly set up shop in the US, trying to dodge hefty import fees. Bitmain, Canaan and MicroBT together control over 90% of the world’s mining rigs. Their move comes after US President Donald Trump […]

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Chinese Bitcoin mining giants move production to US amid tariff tensions

Chinese Bitcoin mining giants move production to US amid tariff tensions

Leave a Comment / Bitcoin mining, Bitmain, Canaan, china, microbt, Mining, US /

China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The move comes as a response to intensifying trade tensions triggered by President Donald Trump’s renewed tariff policies. These tariffs, aimed at reducing US reliance on foreign technology,

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