Bitcoin Mining and US Policy₿ Crypto•Bitcoin

US Lawmakers Push 'Mined in America' Act to Boost Bitcoin Mining

March 31, 2026, 06:00 PM162 words7 sourcesAI-Generated · Reviewed by editorial team
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US Lawmakers Push 'Mined in America' Act to Boost Bitcoin Mining

Photo: Pexels / Melvin Silva

U.S. Senators Bill Cassidy and Cynthia Lummis have introduced the 'Mined in America Act' aiming to strengthen domestic Bitcoin mining and formalize a national strategic Bitcoin reserve. The bill establishes a voluntary certification program through the Department of Commerce, incentivizing miners to phase out hardware from countries considered foreign adversaries, particularly China and Russia, which currently supply approximately 97% of mining equipment despite the U.S. controlling 38% of the global hash rate. Certified facilities will gain access to existing federal energy and rural development programs, avoiding new appropriations. A key component is the formalization of a Strategic Bitcoin Reserve within the Treasury Department, initially outlined in a previous executive order. Supporters, including the Satoshi Action Fund, argue this will reduce reliance on foreign supply chains, bolster U.S. manufacturing, and position the U.S. as a global leader in digital assets, fulfilling former President Trump’s pledge. The legislation mirrors the approach of the CHIPS Act by focusing on domestic production and supply chain security.

Source Articles

This article is based on analysis of 7 source articles from our news database.

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    Bitcoin.com··news.bitcoin.com·
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    AMBCrypto··ambcrypto.com·
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    Decrypt··decrypt.co·
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    Bitcoinist··bitcoinist.com·
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