{"id":32752,"date":"2025-06-19T20:01:57","date_gmt":"2025-06-19T20:01:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32752"},"modified":"2025-06-19T20:01:57","modified_gmt":"2025-06-19T20:01:57","slug":"95-of-bitcoin-hardware-comes-from-china-now-its-makers-are-heading-to-america","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32752","title":{"rendered":"95% Of Bitcoin Hardware Comes From China\u2014Now Its Makers Are Heading To America"},"content":{"rendered":"
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Three of China\u2019s biggest Bitcoin hardware makers have quietly set up shop in the US, trying to dodge hefty import fees<\/a>. Bitmain, Canaan and MicroBT together control over 90% of the world\u2019s mining rigs.<\/p>\n

Their move comes after US President Donald Trump slapped new tariffs on Chinese goods, a shift that could reroute the very backbone of Bitcoin<\/a> mining.<\/p>\n

A Race To Beat Tariffs<\/h2>\n

Based on a report by Reuters, Bitmain kicked off US production in December, one month after Trump\u2019s election victory. Canaan followed on April 2 with trial runs. MicroBT says it\u2019s \u201cactively implementing a localization strategy in the US.\u201d<\/p>\n

All three firms want to avoid a 25% levy<\/a> on their ASIC machines, which power Bitcoin\u2019s proof\u2011of\u2011work system.<\/p>\n

\"\"<\/p>\n

Market Share Leaves Little Room For Others<\/h2>\n

Frost &\u202fSullivan\u2019s 2024 white paper<\/a> finds these three companies hold a combined 95% of the global ASIC market by computing power sold. That level of consolidation is rare in tech.<\/p>\n

Analysts see the market growing at 15% CAGR, to hit nearly $12 billion by 2028. With that kind of money on the table, it\u2019s no surprise Chinese outfits dominate.<\/p>\n

\"\"<\/p>\n

Security Concerns And \u2018Digital Dependency Trap\u2019<\/p>\n

US miners handle almost 40% of global Bitcoin mining<\/a>, but almost all their rigs still trace back to Chinese engineers. Critics call this a \u201cdigital dependency trap.\u201d<\/p>\n

Conflux Network\u2019s CTO Guang Yang warns the trade fight isn\u2019t just about money. He says it\u2019s also about \u201cpolitically acceptable\u201d hardware.<\/p>\n

Some fear Chinese\u2011built machines\u2014even if assembled in the US\u2014could hide backdoors or tricky firmware.<\/p>\n

\"\"<\/p>\n

Betting On Homegrown Alternatives<\/p>\n

Some people might wonder if the US can break free. A few start\u2011ups have sprouted in Silicon Valley and Texas. They aim to design ASIC chips<\/a> on American soil.<\/p>\n

But beating firms with years of experience and state\u2011of\u2011the\u2011art fabrication ties won\u2019t be easy. And right now, US miners need rigs in hand, not promises of future prototypes.<\/p>\n

<\/p>\n

Miners say they\u2019ll enjoy faster deliveries and dodge sudden cost hikes. Yet deeper questions linger. Will this shift spark real innovation in US chip design, or simply turn Chinese blueprints into \u201cMade in USA\u201d labels?<\/p>\n

Some industry watchers think the latter. They point to past moves in solar panels and telecom gear, where assembly moved overseas without true tech transfer.<\/p>\n

Featured image from Coinbase, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Three of China\u2019s biggest Bitcoin hardware makers have quietly set up shop in the US, trying to dodge hefty import fees. Bitmain, Canaan and MicroBT together control over 90% of the world\u2019s mining rigs. Their move comes after US President Donald Trump slapped new tariffs on Chinese goods, a shift that could reroute the very […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32752","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32752"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32752\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}