China’s Three Leading Bitcoin Mining Rig Manufacturers, Accounting for Over 90% Market Share, Shift Production to the US to Counter Tariff Pressures

In response to the Trump administration's "Liberation Day" tariff policy, the three major Chinese Bitcoin mining machine manufacturers—Bitmain, Canaan, and MicroBT, which together account for over 90% of the global mining machine market—have established production lines in the United States. Canaan has already begun trial production in the US, while MicroBT is actively advancing its localization strategy. Analysts warn that China's dominance in hardware supply poses a strategic risk to the US, and American mining companies are pushing for restrictions on imports of Chinese products to balance supply and demand. (Reuters)