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Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.<\/p>\n
American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump\u2019s family, exercised an option to purchase up to 17,280 app<\/a>lication-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month.<\/p>\n The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per second (EH\/s) of computing power, for about $314 million, according to TheMinerMag<\/a>.<\/p>\n The deal also excluded any potential price increases from the Trump administration\u2019s sweeping trade tariffs and import duties, which will impact Bitmain mining hardware manufactured in China.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n