Chinese crypto mining hardware maker Bitmain plans to open a new HQ and assembly line in either Texas or Florida by the end of Q3 and start production in 2026 (Ryan Weeks/Bloomberg)
20d ago
Technology
Techmeme

Bitmain, a leading Chinese manufacturer of cryptocurrency mining hardware, intends to establish a new headquarters and assembly line in either Texas or Florida by the end of Q3. The company anticipates commencing production at the new facility in 2026. This move signifies Bitmain's strategic expansion into the North American market, potentially impacting the crypto mining landscape and supply chains.