Strategic Bitcoin Future: 'Mined in America Act' Aims to Cement US Crypto Dominance!

Republican Senators Bill Cassidy and Cynthia Lummis have introduced landmark legislation, the “Mined in America Act,” aimed at fundamentally reshaping the U.S. digital asset mining sector. This proposal seeks to strengthen domestic supply chains, embed bitcoin into federal reserve strategy, and position the United States as a global leader in digital assets.
At its core, the bill proposes establishing a federal certification program for domestic crypto mining operations. This certification, to be developed by the Department of Commerce, would be voluntary for mining facilities and pools but would require adherence to specific security and sourcing standards. A key objective is to phase out reliance on foreign-manufactured hardware, particularly from foreign adversaries, with the goal of achieving full compliance by the end of the decade. This initiative directly addresses a significant imbalance in the current mining ecosystem, where the U.S. controls an estimated 38% of the global bitcoin hash rate, yet approximately 97% of specialized mining hardware is produced by Chinese firms like Bitmain and MicroBT.
Lawmakers and industry advocates have highlighted that this dependence on foreign hardware poses considerable economic and national security risks. The legislation references past incidents, including U.S. inspections of imported mining rigs and the discovery of firmware vulnerabilities that raised concerns about potential remote access capabilities. To counter this, the
Recommended Articles
TerraHex Unleashes Power: 18MW Deal Fuels Bitcoin & AI Boom in Nigeria

Terrahash has rebranded to TerraHex Digital Assets Corp, aligning its identity with its dual focus on Bitcoin mining and...
Crypto Miner Shock: Bitfarms Dumps All Bitcoin, Pivots to AI Gold Rush

Bitfarms is undergoing a major strategic shift, transitioning from Bitcoin mining to AI and high-performance computing i...
Eric Trump Set to Speak at Bitcoin 2026 Conference in Las Vegas

Eric Trump is set to speak at Bitcoin 2026 in Las Vegas, highlighting growing political interest in cryptocurrency a...
South Africa's Eskom Eyes Discount Power for Bitcoin Miners Amid Solar Surplus

Eskom is exploring plans to sell its surplus daytime electricity to Bitcoin mining companies, adapting to reduced grid d...
Trump-Linked American Bitcoin (ABTC) Ramps Up Mining Dominance!

American Bitcoin Corp. is significantly expanding its Bitcoin mining capacity by adding 11,298 new miners, aiming for 28...
You may also like...
Super Eagles Stunned: Michael Kayode Makes Pivotal International Future Decision

Brentford's 21-year-old right-back, Michael Kayode, has officially chosen to represent Italy over Nigeria, despite signi...
Falconets Face Tough Road: Spain and China Await in 2026 U20 Women’s World Cup

Nigeria's Falconets have been drawn into Group F of the 2026 FIFA U-20 Women’s World Cup, set to face Spain, China, and ...
Henry Cavill's New Thriller 'In The Grey' Plummets, Critics Slam 'No Payoff'

Henry Cavill's latest action film, "In The Grey," directed by Guy Ritchie, has debuted to a mixed critical reception. Wh...
New Thriller Unveils Electrifying Major Big-Screen Talent, Shaking Up Hollywood

Award-winning stage actress Kara Young is set to captivate audiences with her powerful performance in the new revenge th...
Long-Awaited Statham-Ritchie Thriller Finally Wraps Filming After Decade-Long Wait

Director Guy Ritchie shares insights into his new film 'In the Grey,' discussing its "cause and effect" reality and prai...
Genevieve Nnaji Stuns in All-Black as Cannes Women in Cinema Gala Honouree!

Genevieve Nnaji was honored at the Red Sea Film Foundation Women in Cinema gala during the 79th Cannes Film Festival 202...
Chigurl's Dazzling 50th Birthday Photos Break the Internet!

Chioma "Chigurl" Omeruah celebrated her 50th birthday with a glamorous and personal photo set, showcasing a bold look of...
Andy Burnham's Power Play: 'King of the North' Eyes Westminster Comeback Amidst NEC Approval

Greater Manchester Mayor Andy Burnham is set to contest the Makerfield by-election, a crucial step toward a potential La...