Two US Republican senators recently introduced legislation to amend the “Mined in America Act” The US government is attempting to bring Bitcoin mining back to America and implement the executive order of US President Donald Trump to create a Strategic Bitcoin Reserve.
Bill Cassidy, a US Senator from Louisiana and Cynthia Lummis of Washington state introduced the bill on Monday. The goal is to develop a voluntary “Mined in America” The certification of crypto mining pools and facilities. The certification of crypto mining facilities and mining pools would require the phase-out of mining equipment made by companies linked to “foreign adversaries,” The mining industry should be encouraged to produce its own equipment.
“Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy said In a Monday statement.
After China’s crackdown, the US has become the world leader in Bitcoin mining by hashrate. Bitcoin mining In 2021. In 2021, the US will host about 38%. Bitcoin network’s hashrate, Russia, the second place country, has a population more than double its size.
This bill directs that the National Institute of Standards and Technology and Manufacturing Extension Partnership help US manufacturers to develop secure and energy-efficient cryptocurrency mining equipment. The bill seeks also to codify US Donald Trump’s executive order establishing a Strategic Bitcoin Reserve.
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Two Chinese firms manufacture 97% of Bitcoin-mining hardware, despite America dominating the hashrate. Bitmain MicroBT said Dennis Porter is the CEO of Satoshi Action Fund, and an advocate of the Mined in America Act.
“The Mined in America Act breaks that dependency by building a virtuous cycle of domestic manufacturing, certified mining operations, grid-strengthening energy infrastructure and a pipeline to the Strategic Bitcoin Reserve,” Porter, said
A several-month long incident affecting the US Bitcoin Mining industry began in 2024. The US Customs and Border Protection was responsible for this. paused shipments Thousands of Bitmain ASIC Machines at US Ports
Luxor Technology, a bitcoin mining firm, was also affected. Ethan Vera was the chief operating officer of the company in March 2025. He told Cointelegraph the mining equipment had been confiscated because it was mistakenly assumed that they were stealing. illegally imported radio frequency devices.
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Source: cointelegraph.com
