The world’s top manufacturer of Bitcoin mining hardware, Bitmain, has announced plans to open its first factory in the United States by September 2025, according to a report on Bloomberg. The factory will be in either Texas or Florida and will also act as Bitmain’s new headquarters. Production is expected to start in early 2026, and full production should be up and running by the end of that year.
Bitmain Ventures Into the U.S.
This new factory is an important step for the industry veteran to strengthen its position in the U.S. cryptocurrency market. The company plans to hire about 250 local workers for manufacturing and maintenance jobs. Unlike their previous site in Rockdale, Texas, which focused on mining, this factory will produce mining hardware.
In 2018, Bitmain set its sights on the U.S., aiming to use Texas’s cheap wind power to build a $500 million mining farm in Rockdale. However, the plan quickly fell apart, leading to a shutdown that highlighted the struggles in the U.S. market.
The hardware giant faced several challenges, including a fluctuating crypto market, regulatory issues, internal problems, and logistical difficulties. These issues showed the complexities of operating in the U.S. and the need for a better local production strategy to succeed.
Why Focus on the U.S. Market?
As the U.S. has become a key center for crypto mining since China’s ban in 2021, Bitmain wants to meet the growing demand for reliable mining equipment in the country. Producing locally will help reduce delivery times and make repairs easier for American customers.
This move also supports the push for tech manufacturing in the U.S. and helps deal with challenges like tariffs. The company aims to benefit from U.S. industrial policies and improve service for American customers, especially after facing trade issues and restrictions on its AI division earlier this year.
With regulatory clarity as provided by the GENIUS Act, recently signed into law, the firm sees reasons to make the move now. Bitmain’s U.S. factory will create local jobs and promote innovation in crypto hardware.
Choosing Texas or Florida shows that these areas support cryptocurrency. Texas is known for the Bitcoin Cowboy, a fun symbol of the state’s backing for blockchain. This expansion marks a new chapter for Bitmain in the U.S. market.
