American Bitcoin-a mining company connected to the inner circle of Donald Trump descended $ 314 million on a fleet of new Bitmain Asics, causing his political connections in the middle of a messy trade war in the US-China.
The order? 16.299 Antminer U3S21EXPH units, able to pump a combined 14 exahashes per second (EH/s). That is serious Hashpower – enough to tilt the scales in a mining weapon weapon where efficiency is everything. According to Heninermag, the purchase came through an option to buy a maximum of 17,280 rigs, but the American Bitcoin is currently locked in just over 16k machines.
The bitcoin miner via the bitmain website
Avoid rates, freeing Trump
The deal explicitly bypasses the new rates of Trump. Bitmain’s Rigs, still largely made in China, would normally be hit by punishing tasks under the “Breng production of houses” strategy. But American Bitcoin’s contract protects it at sudden price increases caused by the Handelsbrinkmanship of the White House. Handy.
However, the rates are already forcing hardware makers to reconsider geography. Bitmain I have just announced plans to open his first American ASIC Manufacturing factory by the end of 2025, next to a headquarters in the state (probably in Florida or Texas, two states where the influence of the Trump world runs strong).
A fragile supply chain under pressure
Almost all Bitcoin – my equipment – more than 99% – comes from only three Chinese giants: Bitmain, Microbt and Canaan. Bitmain Dominates with ~ 82% market share, which means that American miners are effectively caught between geopolitical chess movements and their own survival.
By saving rates on imported rigs, Trump’s administration tries to strongly arm companies such as Bitmain to build factories on American soil. Critics claim that the industrial cosplay can be counterproductive. Jaran Mellerud, CEO of Hashlabs, warns that higher harness prices will crush the demand of American miners. That would leave ASIC -Makers with unsold inventory that they could easily dump abroad at lower prices, which means that mining hubs in Asia, the Middle East or South America are strengthened -precisely the opposite of Trump’s “reshoring” dream.
Why this deal matters
The American Bitcoin purchase is not just about hardware. It is about signaling: Trump’s job makes a visible gamble on Bitcoin -Mybouw as part of the story of economic nationalism. It is expected that it will be spun as both a job story (“Mining Jobs in America!”) And a sovereignty story (“Hashpower made in the US!”), Even if the rigs are still sent from Shenzhen.
But the risks are clear: rates, unpredictable energy prices and the non -repellent difficulty adjustments of Bitcoin -MIERBUIT yourself. If the costs rise faster than blocking, American miners can be non-competitive, while non-American players can create cheap equipment and leave at lower electricity rates abroad.
For the time being, American Bitcoin has protected its rigs and avoided the tariff bullet. But the bigger question arises: will Trump’s protectionist policy actually build an American bitcoin – my construction forces – or just accelerate the exodus of Hashpower for more friendly areas of law?
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