Republican luminaries Bill Cassidy and Cynthia Lummis have penned a new legislative delight: the Mined in America Act. Its mission? To coax Bitcoin mining back to the U.S.-where it belongs-and perhaps even to tuck it into a Strategic Bitcoin Reserve, like a digital piggy bank with a patriotic twist.
codifying the Strategic Bitcoin Reserve. How very civilized.
“Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy mused, possibly while polishing his cufflinks.
U.S.-China Tensions: A Mining Soap Opera
The U.S. currently boasts the largest slice of the Bitcoin hashrate pie, claiming about 38% of the network. Yet domestic miners have faced their fair share of plot twists, mostly thanks to trade skirmishes with China.
China, ever the dominant prima donna, still controls much of the mining hardware stage, with Bitmain and MicroBT playing leading roles in global production.
In March, U.S. miners felt the sting of delays when customs decided to pause shipments over concerns about radio frequency emissions. One might imagine miners clutching their hats and sighing dramatically.
More recently, Senator Elizabeth Warren chimed in, demanding details from the Commerce Department on potential national security risks tied to Bitmain’s hardware. Cue the eyebrow raise and faint gasp.
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2026-03-31 09:32