Bitmain, the world’s leading manufacturer of Bitcoin mining application-specific integrated circuits (ASICs), is reportedly preparing to launch its first manufacturing plant in the United States.
According to a Bloomberg report published Tuesday, Bitmain intends to open the U.S.-based facility in the coming months, marking a significant step in expanding its global footprint. The company is also considering establishing a new U.S. headquarters in either Texas or Florida by the end of Q3 2025.
Bitmain’s global business chief, Irene Gao, told Bloomberg that chip production at the new site is slated to begin in early 2026, with full-scale operations expected by the end of that year. Gao noted that the expansion aims to shorten delivery and repair times for customers in the U.S.
Describing the U.S. push for Bitcoin leadership as “a unique opportunity,” Gao added that Bitmain plans to hire 250 local employees in the initial phase. These positions will include training programs focused on manufacturing and facility maintenance.
Bitmain is in good company
This development comes on the heels of mid-June reports indicating that Bitmain, along with fellow Bitcoin ASIC manufacturers Canaan and MicroBT, are shifting production to the U.S. The move is seen as a response to steep reciprocal tariffs on Chinese imports and a more favorable stance on cryptocurrency policy under the Trump administration.
Collectively, the three firms dominate the global Bitcoin ASIC hardware market. According to an April study by the University of Cambridge, Bitmain leads the industry with 82% of global Bitcoin ASIC production, followed by MicroBT at 15% and Canaan at 2%.
A Response to U.S. Regulatory Challenges
Manufacturing in the United States could also help Bitmain address past regulatory challenges with U.S. authorities. In late November 2024, the U.S. Customs and Border Protection Agency detained thousands of Bitmain ASIC miners.
The seizure stemmed from an October investigation into Chinese chipmaker Xiamen Sophgo, which was accused of having ties to Huawei, a company under U.S. sanctions. Since Sophgo is a key supplier for Bitmain’s ASIC operations, the scrutiny extended to Bitmain as well. U.S. authorities began releasing the detained equipment in March.
