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Bitmain lands in the US: the company launches local production

Newsroom by Newsroom
December 11, 2024
in Bitcoin, Industry
Bitmain sbarca negli Usa: la società apre la produzione locale
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The leading manufacturer of mining machines responds to trade tensions with China by establishing a production line on American soil.

Bitmain, the Chinese company specializing in Bitcoin mining hardware, has announced the opening of a production line in the United States.

The decision, announced on December 9, comes in response to growing logistical challenges and trade tensions between the US and China.

In a statement, the company said:

“This strategic move aims to provide faster response times and more efficient services to the North American customers.”

The first series of US-produced Antminer S21 Pro is expected this December. The decision follows delays caused by US Customs and Border Protection (CBP), which detained several Bitmain shipments over national security concerns.

Tensions escalated due to an investigation into ties between Bitmain and the chip manufacturer Sophgo, which is under scrutiny for alleged links to Huawei, a Chinese company that has been under US sanctions since 2019. These delays caused significant disruptions for American mining companies, with wait times of up to two months and high storage costs.

Local production will not only allow Bitmain to bypass customs inspections but also strengthen its position in the North American market. This move also anticipates potential new trade tariffs expected under the upcoming Trump administration.

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