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Bitmain to open first US-based ASIC chip factory: Bloomberg

cryptoweekly by cryptoweekly
July 29, 2025
in Altcoins, News
0

Leading Bitcoin mining ASIC manufacturer Bitmain is set to open its first US-based production facility by early 2026 amid a broader industry shift to the US.

The world’s top Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly on the verge of opening its first US-based manufacturing plant.

According to a Tuesday Bloomberg report, Bitmain plans to open its first US-based ASIC manufacturing facility in the coming months. The company also reportedly plans to open new headquarters in Texas or Florida by the end of the third quarter of 2025.

Irene Gao, Bitmain’s global business chief, told Bloomberg that chip production is expected to begin in early 2026, with full-scale manufacturing anticipated by the end of that year. She said the move is intended to accelerate delivery and repair times for US-based customers.

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Recent Posts
  • Bubblemaps flags ‘Rugproof’ launchpad over alleged rug pull risk
  • RAKBANK becomes the first UAE bank to offer crypto trading for retail
  • Bitmain to open first US-based ASIC chip factory: Bloomberg
  • Cboe files to list staked Injective ETF from Canary Capital
  • Bitcoin price shrugs off potential new $450M Galaxy Digital BTC sale
  • ARK Invest adds $20M in BitMine, trims Coinbase, Block, Robinhood holdings
  • US seeks to claim $2.4M in Bitcoin seized from ransomware group

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