Dominant Chinese makers of bitcoin mining machines set up US production to beat tariffs
The world’s three best-selling makers of bitcoin mining machines – all of Chinese origin – are setting up manufacturing footholds in the United States as President Donald Trump’s tariff war reshapes the cryptocurrency supply chain.
Bitmain, Canaan and MicroBT build over 90% of global mining rigs – essentially computers dedicated to number-crunching that produces bitcoin. Establishing US bases could shield them from tariffs but risks stoking security concerns the US has with China in areas as varied as chip making and energy security.
