Chinese Bitcoin mining giants move production to US amid tariff tensions

China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The move...

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Chinese Bitcoin mining giants move production to US amid tariff tensions

Source: CryptoSlate

China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The move comes as a response to intensifying trade tensions triggered by President Donald Trump’s renewed tariff policies. These tariffs, aimed at reducing US reliance on foreign technology, […]