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Bitmain to Open First U.S. Factory in Texas or Florida by Late 2025

Bitmain Technologies Ltd., the world’s largest manufacturer of cryptocurrency mining equipment, is set to establish its first U.S. factory by late 2025, with production slated to begin in 2026. The company is considering Texas or Florida as the location for this new headquarters and assembly line.

This strategic expansion aligns with the U.S.’s “Made in America” initiatives for digital assets, aiming to bolster domestic supply chains and meet the rising demand for locally manufactured mining hardware. Bitmain plans to hire approximately 250 local staff, demonstrating a significant investment in the U.S. market and an effort to enhance service efficiency and turnaround times for repairs and upgrades.

Irene Gao, Bitmain’s Global Business Head, noted that being closer to major clients in the U.S. will help offset the higher labor costs. While the market has reacted positively, particularly within established mining communities, there have been no official statements from U.S. government officials or leading industry figures yet.

July 2025, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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