Bitcoin ASIC maker Bitmain expands production line into US
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks.
Bitcoin mining hardware firm Bitmain says it has expanded its production line to the United States to improve supply chain efficiency, while trade tensions continue to escalate between China and the US.
“This strategic move aims to provide faster response times and more efficient services to the North American customers,” China-based Bitmain said in a Dec. 9 X post.
Bitmain is a crypto mining equipment manufacturer known for designing application-specific integrated circuit (ASIC) chips, with reports estimating it holds as much as a 90% marketshare of Bitcoin miners.
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Author: Brayden Lindrea
