Trump-Backed Crypto Miner Makes Power Move: Snaps Up 16,000 Bitmain ASICs Despite Tariff Headwinds

Political muscle meets mining might as a Trump-endorsed operation doubles down on Bitcoin infrastructure.

Tariffs? What tariffs? While DC debates import taxes, this miner's stacking hardware like there's no tomorrow.

16,000 next-gen ASICs enter the fray—hashrate wars just got hotter.

Because nothing says 'hedge against inflation' like betting millions on machines that'll be obsolete in 18 months. Classic crypto.

Tariffs Push Manufacturers Toward U.S. Soil 

Trade tensions are already pushing hardware manufacturers to rethink their strategies. According to a Cambridge University report, nearly all Bitcoin mining machines—over 99%—are produced by just three Chinese companies: Bitmain, MicroBT, and Canaan. These firms are now weighing options to relocate some of their production to the US due to rising import duties.

In response to the trade climate, Bitmain had in July announced plans to open its first US-based ASIC production facility by the end of the year. The company is also exploring new headquarters in either Florida or Texas. Currently, Bitmain holds over 82% of the global market, making it by far the largest mining hardware manufacturer. 

The Trump administration’s tariff-driven push to reshore crypto manufacturing has drawn some criticism. Skeptics warn it could raise prices, reduce demand from U.S. miners, and leave manufacturers with excess inventory. 

America’s drive to reshore mining will be put to the test in the upcoming months as the crypto industry deals with changing trade regulations and growing expenses to see if it can compete with well-established international supply chains. Large bets on a made-in-America future are currently being made by companies such as American Bitcoin Corp.

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