According to Reuters, Bitmain, Canaan and MicroBT—together controlling over 90 % of the global Bitcoin mining hardware market—have begun relocating parts of their production to the U.S. in order to avoid escalating tariffs introduced by the Trump administration.

Per Reuters, Bitmain initiated U.S. assembly of its mining rigs in December 2024, shortly after Trump regained office. Canaan launched trial production in April, motivated by the newly announced “Liberation Day” tariffs.

MicroBT is actively implementing a localization strategy with plans to build factories on American soil.

Industry analysts estimate the sector may reach US $12 billion by 2028. U.S.-based miners produce roughly 30 % of global Bitcoin hashrate but remain largely dependent on Chinese-manufactured rigs .

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