The world’s top bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitman, is on the verge of opening the first used manufacturing plant.
According to Tuesday Bloomberg report, Bitman has planned to open its first US-based ASIC manufacturing facility in the coming months. The company reported opening a new headquarters in Texas or Florida by the end of the 2025 thread quarters.
Bitman’s Global Business Chaf, Ireen Gao told Bloomberg that chip production is expected to begin in years, with full scale manufacturing by the end of that year. He said that Motors aims to reach the delivery and repair time for US-based customers.
Gao called The US Push for Bitcoin Dominance a “unique opportunity” and said that Bitman planned to hire 250 local workers in the first phase of his rollout. These roles will be included in manufacturing and convenience maintenance.
Bitman did not respond to cointelegraph’s request for immediate comments.
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Bitman is in a good company
The news follows the mid-June report that Bitman, Canaan and Microbate-Whitch collectively produced most of the world’s bitcoin mining Asic tariffs and a preferred crypto policy by the Trump administration.
Together, three companies control almost the entire bitcoin ASIC hardware market. A study at the University of Cambridge published in April that Bitman took 82% of the global bitcoin ASIC production, producing 15% and 2% of the microbe and Canaan respectively.
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A solution regulatory crisis for us
Production in the United States is also a possible solution to Bitman’s previous issues with US authorities. In the end of November 2024, the US Customs and Border Protection Agency stopped the delivery of a thousand Bitamen.
The seizure followed the October 1 investigation by the United States officials at Chip Designer Xiamen Sofo, on an alleged commercial relationship with the US-S-SS company Huawei. Chip designer also supports Bitman’s ASIC business, due to which US authorities took it as well as action. Officials started releasing hardware in March.
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