Bitmain Technologies Ltd., the world's largest manufacturer of cryptocurrency mining equipment, is set to establish its first U.S. factory by late 2025, with production slated to begin in 2026. The company is considering Texas or Florida as the location for this new headquarters and assembly line.
This strategic expansion aligns with the U.S.'s "Made in America" initiatives for digital assets, aiming to bolster domestic supply chains and meet the rising demand for locally manufactured mining hardware. Bitmain plans to hire approximately 250 local staff, demonstrating a significant investment in the U.S. market and an effort to enhance service efficiency and turnaround times for repairs and upgrades.
Irene Gao, Bitmain’s Global Business Head, noted that being closer to major clients in the U.S. will help offset the higher labor costs. While the market has reacted positively, particularly within established mining communities, there have been no official statements from U.S. government officials or leading industry figures yet.
July 2025, Cryptoniteuae