Republican

America

Bitcoin

<p>Republican senators Bill Cassidy and Cynthia Lummis have introduced a new bill that seeks to bring Bitcoin mining manufacturing back to the U.S. and support the establishment of a Strategic Bitcoin Reserve.</p>
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   <li>Republican senators introduced the Mined in America Act to promote domestic Bitcoin mining hardware and establish a Strategic Bitcoin Reserve.</li>
   <li>Certified mining facilities would be required to phase out foreign-sourced equipment and shift toward U.S.-manufactured hardware.</li>
   <li>U.S. miners faced recent shipment delays and rising scrutiny as tensions with China and security concerns around Bitmain intensified.</li>
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<p>On Monday, the two senators introduced the “<a href="https://www.cassidy.senate.gov/newsroom/press-releases/cassidy-lummis-introduce-bill-to-boost-u-s-digital-asset-mining-back-president-trumps-strategic-bitcoin-reserve/" rel="noopener noreferrer nofollow">Mined in America Act</a>,” which will offer a voluntary certification framework for crypto mining facilities and mining pools.</p>
<p>Facilities receiving the certification would be required to phase out mining equipment linked to “foreign adversaries,” and transition toward domestically manufactured hardware.</p>
<p>You might also like: <a href="https://crypto.news/bitmain-to-launch-first-u-s-bitcoin-mining-chip-factory-by-2026-bloomberg/" rel="noopener noreferrer nofollow"> Bitmain to launch first U.S. Bitcoin mining chip factory by 2026: Bloomberg </a></p>
<p>Additionally, the bill directs the National Institute of Standards and Technology and the Manufacturing Extension Partnership to support domestic firms in developing more secure and energy-efficient crypto mining equipment. It also seeks to codify efforts to establish a Strategic Bitcoin Reserve.</p>
<p>“Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy said in a separate <a href="https://www.cassidy.senate.gov/newsroom/press-releases/cassidy-lummis-introduce-bill-to-boost-u-s-digital-asset-mining-back-president-trumps-strategic-bitcoin-reserve/" rel="noopener noreferrer nofollow">statement</a>.</p>
<h1 class="wp-block-heading" id="u-s-china-tensions-impact-the-mining-sector">U.S.-China tensions impact the mining sector</h1>
<p>The U.S. is currently the largest contributor by hashrate and accounts for about 38% of the Bitcoin network. However, over the years, the domestic mining sector has faced operational challenges, particularly due to trade <a href="https://crypto.news/bitmain-co-founders-ai-chip-venture-blacklisted-by-us/" rel="noopener noreferrer nofollow">tensions with China</a>.</p>
<p>China continues to dominate the mining hardware supply chain, with two of the largest manufacturers, Bitmain and MicroBT, controlling the bulk of global production.</p>
<p>In March, U.S. mining firms were impacted by delays after U.S. customs authorities suspended shipments of mining equipment at ports, citing concerns over radio frequency emissions.</p>
<p>More recently, Senator Elizabeth Warren <a href="https://crypto.news/elizabeth-warren-presses-commerce-over-bitmain-security-review/" rel="noopener noreferrer nofollow">raised concerns</a> tied to Bitmain, requesting details from the Commerce Department on potential national security risks linked to the company’s hardware.</p>
<p>Read more: <a href="https://crypto.news/arkham-uae-built-700m-bitcoin-stockpile-through-mining/" rel="noopener noreferrer nofollow"> Arkham: UAE built $700M bitcoin stockpile through mining </a></p>

U.S. senators push “Mined in America Act” to cut reliance on Chinese miners

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