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Republicans aim to encourage American miners to move away from Chinese ASICs., 2026/03/31 13:49:39
Senators Bill Cassidy from Louisiana and Cynthia Lummis from Wyoming have introduced a mining bill titled “Mined in America.” The Republican senators assert that this legislation will simplify cryptocurrency mining and reduce reliance on Chinese technology.
Under the proposed law, the U.S. Department of Commerce will be required to establish a voluntary certification program called “Mined in America,” where mining companies can obtain a certificate confirming their compliance with legal standards. Certified companies will need to gradually phase out mining equipment produced in countries deemed unfriendly by U.S. authorities, thereby decreasing dependence on foreign suppliers and mitigating security risks.
To make the transition away from foreign, particularly Chinese, equipment less financially burdensome for miners, the senators have suggested incorporating mining into existing federal energy and agriculture development programs. The bill’s authors believe that with the support of the National Institute of Standards and Technology, American businesses will be able to establish the production of their own energy-efficient cryptocurrency mining equipment. The production of ASIC miners and the actual mining of bitcoins should be concentrated in the U.S. and regulated by the government, the senators are convinced.
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The legislation also proposes that the U.S. Department of the Treasury create a strategic government reserve of bitcoins. This would formalize President Donald Trump’s declarative directive regarding the establishment of a strategic crypto reserve within the law.
“Mining digital assets is a crucial component of our economy. We must conduct mining here in America. This bill will ensure the security of supply chains, support American manufacturing, and bolster the mining industry,” stated Senator Cassidy.
The Republican initiative has received backing from Dennis Porter, co-founder of the Satoshi Action Fund. According to him, the U.S. controls 38% of the global Bitcoin hash rate, yet 97% of the operational equipment comes from China.
Recently, the mining company American Bitcoin, co-founded by Eric Trump, the son of the American president, ranked 16th among the largest Bitcoin holders. According to BitcoinTreasuries, the company currently possesses 7,000 bitcoins.
