Bitmain is setting up shop in the U.S. with a shiny new production line focused on its ASIC equipment.
Bitmain’s big move to the U.S.
Bitmain announced on Monday that they’re launching this new production line right there in the States.
“Bitmain is thrilled to announce the launch of its new production line in the United States.”
This isn’t just a casual announcement, it’s a strategic play to boost response times and service efficiency for their North American customers. Sounds smart, right?
Tech advancement
Now, let’s take a quick stroll down memory lane. Bitmain has been around since 2013 and has been leading the charge in Bitcoin mining hardware ever since. Their first device?
The Antminer S1? Launched back in November 2013, it was a game-changer with an output of about 180 gigahash per second.
Fast forward to today, and their upcoming Antminer S21e XP Hydro 3U is set to debut in 2025 with an output of around 860 terahash per second.
This month, thanks to that new U.S. production line, Bitmain is rolling out its first batch of Antminer S21 Pro devices.
They’re not shy about it either, because the first batch of Antminer S21 Pro units will be delivered this December, they shared on X. This move is expected to give their partners a serious edge in the mining game.
Localization
Now, why set up shop in the U.S., you ask? Well, for starters, America now holds a big slice of the global hashrate pie.
Plus, with the Trump administration making waves again, this could be a savvy move to dodge potential higher tariffs on imports from China.
It’s all about timing and strategy, so either they’re seizing an opportunity or just playing it safe by bringing production closer to home.
Have you read it yet? President Bukele celebrates Bitcoin gains
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
