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Bitmain to Open First U.S. Crypto Mining Facility in Early 2026
Bitmain plans to open its first U.S. facility in Texas or Florida within months, as reported by Bloomberg. Key details include:
- Production of Antminer rigs expected to start in early 2026.
- Hiring for 250 local workers is already underway.
- This move follows increased U.S. scrutiny on Chinese tech firms and supply chain disruptions due to trade tensions.
- The new plant aims to enhance delivery speeds and repair services for U.S. customers.
- Higher labor costs in the U.S. are considered commercially viable by Bitmain.
- U.S. Customs has delayed mining equipment shipments, complicating operations.
- Regulatory challenges may arise regarding export rules for crypto hardware.
Historically, Bitcoin mining was centered in China due to low energy costs but shifted to the U.S. following China's ban in 2021. Notable American miners include MARA Holdings and CleanSpark.