Boost BTC Mining Manufacturing with 'Mined in America Act'
Boost BTC Mining Manufacturing with 'Mined in America Act' Quick read below — save or share if useful. US Senators Introduce ‘Mined in America Act’ to Boost Bitcoin Mining Manufacturing Bitcoin mining has been a hot topic in recent years, with discussions revolving around its environmental impact, decentralization, and the concentration of mining power in certain regions of the world. In a move to bolster Bitcoin mining manufacturing in the US, a group of senators recently introduced the ‘Mined in America Act.’ The United States currently hosts 38% of Bitcoin’s hashrate, making it a significant player in the global mining landscape. However, despite this sizable hashrate share, a staggering 97% of mining machines are manufactured by just two Chinese companies. This lack of domestic manufacturing capacity has prompted concerns about the country's reliance on foreign suppliers for critical mining hardware. The Need for Domestic Bitcoin Mining Manufacturing ...
