Bitmain, Canaan Intelligence, and MicroBT have all established production facilities in the United States to cope with tariffs

PANews|Jun 18, 2025 09:13
According to Reuters, the world's three largest Bitcoin mining machine manufacturers, Bitmain, Canaan Intelligence, and MicroBT, have all set up production facilities in the United States to avoid the new tariffs imposed by the Trump administration. These Chinese companies collectively control over 90% of the global market share, and their actions mark a significant shift in the supply chain of encryption hardware.
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