Bitmain go open U.S. Bitcoin ASIC Factory by 2026
Bitmain go open dem first U.S. Bitcoin ASIC chip factory by early 2026, wit new headquarters go set up for Texas or Florida by late Q3 2025. Di biggest Bitcoin mining hardware maker for di world wan avoid U.S. taxes on Chinese technology, reduce import costs, an quicken delivery an repairs for American customers. Di plant go hire about 250 local people for production an maintenance, di same way like Canaan an MicroBT dey expand as U.S.–China trade tension dey. After China ban mining in 2021, U.S. share of global hashrate rise reach 37.8% for 2022, because energy prices dey low. Domestic ASIC production go make logistics easy an hardware costs stable, but e fit cause security concern for U.S. because of Chinese chip making. Di factory go make Bitmain strong for Bitcoin mining market.
Bullish
Dis kain expansion dey bullish for Bitcoin because e dey reduce hardware delivery time, cut tariff-related costs and e dey boost mining capacity for U.S.—wey be di world’s second biggest mining market. For short term, faster access to ASIC machines fit make prices for miners drop and e fit increase network hashrate. For long term, domestic production go make supply chain strong, encourage more investment for mining operations and e go support Bitcoin security and decentralisation.