Bitcoin – The United States is seeking to strengthen its dominance in bitcoin mining not only through computational power, but also through manufacturing. A pair of Republican senators is proposing legislation designed to bring a key part of the entire industry back to American soil while simultaneously reducing dependence on foreign suppliers.
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“Mined in America Act”: Efforts to Restore Manufacturing
Senators Bill Cassidy and Cynthia Lummis introduced legislation called the Mined in America Act, which aims to support domestic manufacturing of cryptocurrency mining equipment. The legislation includes the creation of a voluntary “Mined in America” certification for mining companies and mining pools.
Certified entities would be required to gradually phase out equipment manufactured by companies linked to so-called “foreign adversaries” while actively supporting the development of American-made bitcoin mining hardware.
“Digital asset mining is a significant part of our economy. We should be doing it here in America,” Cassidy said when introducing the proposal.
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USA Dominates Mining, But Not Manufacturing
Following the mining ban in China in 2021, the United States has become the global leader in hashrate – the computational power of the bitcoin network. It currently holds approximately 38% of total hashrate, more than double that of second-place Russia.
However, this dominance has a critical weakness. According to Dennis Porter of the Satoshi Action Fund, up to 97% of mining equipment comes from two Chinese manufacturers – Bitmain and MicroBT. In other words: American mining largely runs on technology manufactured in China.
The new law seeks to disrupt precisely this dependence. “The Mined in America Act creates a positive cycle of domestic manufacturing, certified mining, strengthening energy infrastructure, and building a strategic bitcoin reserve,” Porter said.
Strategic Bitcoin Reserve as the Next Step
The proposed law also builds on an executive order by President Donald Trump, which envisions the creation of a so-called strategic bitcoin reserve. In the future, this could serve similarly to strategic oil reserves – as a tool for economic and geopolitical stability.
The law aims to anchor this step legislatively while also connecting the mining sector to the broader economic strategy of the USA.
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Involvement of Government and Technology Institutions
Key American institutions are to be involved in the process. The National Institute of Standards and Technology (NIST) and the Manufacturing Extension Partnership program are to help domestic manufacturers develop safer and more energy-efficient mining equipment.
The goal is not only to shift manufacturing, but also to achieve technological advancement – namely, creating a competitive alternative to today’s dominant Chinese firms.
If the law is approved, it could significantly change the structure of the bitcoin industry. The USA could become not only a leader in mining, but also in manufacturing the technology that powers it.
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