$314M Deal Boosts US Mining Capacity as Tariffs Push Manufacturing Stateside
American Bitcoin, a mining firm backed by members of US President Donald Trump’s family, has finalized the purchase of 16,299 Bitmain Antminer U3S21EXPH units in a deal worth approximately $314 million. The order, placed earlier this month, will provide 14.02 exahashes per second (EH/s) of computing power — a significant boost to the company’s operational scale.
The agreement was part of an option to acquire up to 17,280 ASIC mining units, securing pricing that is shielded from potential tariff increases linked to the Trump administration’s sweeping import duties on Chinese-manufactured goods.
Facing tariff pressures, Bitmain — the world’s largest producer of Bitcoin mining hardware, with an estimated 82% global market share — has announced plans to open its first US-based ASIC manufacturing facility by the end of 2025. The company is also considering new headquarters in Florida or Texas, aiming to strengthen its foothold in the American market.
Industry analysts note that over 99% of Bitcoin mining hardware production is currently concentrated among three companies — Bitmain, MicroBT, and Canaan — most of which operate in Asia.
Tariffs Spark Industry Realignment
Trade tariffs have prompted hardware manufacturers to reassess their supply chains. “These measures are forcing companies to weigh the cost of staying in China against the benefits of avoiding US import duties,” said New York-based blockchain infrastructure analysts.
However, critics warn of potential long-term inflationary effects. Jaran Mellerud, CEO of Hashlabs, cautioned that tariff-driven price hikes could reduce demand from US miners, pushing surplus hardware to foreign markets at lower prices and undermining efforts to reshore crypto mining.
Strategic Implications for US Crypto Mining
For American Bitcoin, the acquisition not only expands operational capacity but also positions the company as a key player in an industry facing both macroeconomic headwinds and policy-driven shifts. The deal underscores a growing trend: institutional mining firms securing supply chains amid geopolitical uncertainty.
If Bitmain’s US facility launches on schedule, it could reshape global mining hardware logistics, potentially reducing lead times and dependency on overseas production.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.