Bitmain expands US production amid supply chain delays

Bitmain, a manufacturer of Bitcoin (CRYPTO:BTC) mining hardware, has announced the expansion of its production line into the United States to enhance supply chain efficiency. 

This decision comes in response to ongoing trade tensions between the U.S. and China, which have affected the delivery of Bitmain’s application-specific integrated circuit (ASIC) miners.

“This strategic move aims to provide faster response times and more efficient services to North American customers,” Bitmain stated in a post on social media platform X on December 9.

The company is known for its Antminer series and reportedly holds a market share of approximately 90% in the Bitcoin mining sector.

Bitmain plans to roll out its first batch of Antminer S21 Pro miners later this month, which is expected to provide a significant boost to its industry partners.

The backdrop of this expansion includes recent reports of delays at U.S. ports, where Bitmain’s ASIC machines have been stuck for weeks due to increased scrutiny from U.S. Customs and Border Protection. 

Some U.S. miners have reportedly faced waits of up to two months for their hardware deliveries.

Despite these challenges, Bitmain has denied involvement in any supply chain investigations as suggested by recent media reports.

The expansion aligns with former President Donald Trump’s vision for U.S. Bitcoin production, as he has expressed a desire for “all the remaining Bitcoin to be made in the USA.” 

He argues that this would contribute to U.S. energy dominance.

Currently, over 44.3% of the Bitcoin network’s hash rate is concentrated in the U.S. and Canada, with several mining companies like MARA Holdings and Core Scientific operating in the region.

At the time of reporting, the Bitcoin price was $97,988.04.