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Bitmain plans to open its first factory in the United States by the end of the third quarter, hiring 250 local employees in the first phase

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Bitmain plans to open its first factory in the United States by the end of the third quarter, hiring 250 local employees in the first phase

PANews reported on July 29 that according to Bloomberg, Bitmain, the world's largest cryptocurrency mining equipment manufacturer, plans to set up its first factory in the United States in the next few months, with a location in Texas or Florida. The new headquarters and assembly lines are expected to be officially opened by the end of the third quarter of this year. Irene Gao, head of Bitmain's global business, said that the first batch of production capacity will be released in early 2026 and full capacity will be achieved by the end of the year. The company plans to hire 250 local employees in the first phase to conduct production and maintenance-related training.

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