Chinese manufacturers of Bitcoin mining rigs are moving production to the U.S. to sidestep tariffs and sanctions — 'This goes beyond tariffs — it’s a strategic pivot toward ‘politically acceptable’ hardware sources'

Bitcoin mining hardware.

The top three Bitcoin and cryptocurrency mining rig makers are setting up manufacturing plants and supply chains in the U.S. in a bid to avoid the tariffs and sanctions that Washington has placed on Beijing. According to Reuters, Bitmain, Canaan, and MicroBT — all of which were initially based in China — hold over 90% of the global mining rig market share, and the recent geopolitical changes are now driving them to set up shop in the United States.

“The U.S.-China trade war is triggering structural, not superficial, changes in Bitcoin’s supply chains,” Conflux Network Chief Technology Officer Guang Yan told Reuters. “This goes beyond tariffs — it’s a strategic pivot toward ‘politically acceptable’ hardware sources.” Conflux Network is a public layer-1 blockchain platform and is the only one approved for use in China.