Bitmain plans first U.S. crypto mining rig factory to expand market presence and reduce trade risks amid growing global ...

Bitmain plans to establish its first US factory, officially setting up a new headquarters in either Texas or Florida.

The new facility will mark a significant shift for Bitmain, which currently produces mining hardware in southeast Asia.

Bitmain is planning to open a factory in the US by the end of September. The Chinese firm is expected to hire 250 local employees.

In response to a broader trend of reshoring crypto infrastructure, Bitcoin mining hardware giant Bitmain plans to open its first US-based production site by early 2026.

Bitmain announced plans to open a U.S. manufacturing line in December. The company has now said it intends to open an ...