A new bill has been proposed in the United States that aims to strengthen the country's position in bitcoin mining and reduce dependence on Chinese equipment. The initiative, called the Mined in America Act, was introduced by Senators Bill Cassidy and Cynthia Lummis.
The idea is broader than just supporting the industry. The authors of the bill link mining to industrial policy, energy, and the financial strategy of the United States.
Washington wants to reduce dependence on Chinese machines
Currently, the USA controls about 38% of the world's bitcoin mining. However, almost all specialized mining equipment, about 97%, is produced in China.
This is precisely what senators consider a vulnerability. If a key industry depends on external supplies, any disruption in the supply chain, sanctions, or security issues immediately become a problem for the entire system.
Therefore, the bill proposes a gradual phase-out of equipment associated with foreign suppliers. Companies will have to switch to new standards by the end of the decade.
An American standard is to be created for miners
The project stipulates a separate certification Mined in America. Companies that use approved equipment and meet safety and operational sustainability requirements will be able to obtain it.
This should create a new benchmark for the market. The certificate will not only be a mark of compliance but also a way to highlight companies that operate within the new model.
At the same time, government structures are encouraged to support the development of mining equipment production within the USA. This means that the focus is not only on bans or restrictions but also on creating a domestic industrial base.
Mining is associated with energy and national security
The authors of the bill present mining as part of a broader infrastructure. In their logic, bitcoin mining can be used not only as a financial business but also as a tool for dealing with excess energy.
The document separately mentions the use of methane from oil fields and landfills. This approach is already being discussed in the industry as a way to turn harmful emissions into an energy source for computations.
Senators are also emphasizing rural areas. According to them, projects in the field of mining and energy could become a source of investment and development for regions with access to raw materials and available capacities.
The bill also affects the state reserve of bitcoin
Another part of the initiative concerns the strategic reserve of bitcoin. The USA already has a stock of digital assets, which is mainly formed through confiscations.
It is now proposed to build a more formal management model for such a reserve. The authors of the bill view bitcoin as a strategic asset, comparable in significance to gold or oil reserves.
At the same time, the document emphasizes that this does not refer to direct taxpayer costs. It is proposed that the reserve be replenished through already existing digital assets and the income related to them.
American miners are to be given additional incentives
Support for certified companies may extend to the tax level. The bill assumes that it is such miners who will be able to sell bitcoin to the government for the reserve and receive more favorable terms.
This makes the initiative not only restrictive but also stimulating. Essentially, Washington wants to create an environment in which mining bitcoin within the USA will be more profitable than simply operating under the old model with imported equipment.
For the industry, this is an important signal. If the bill advances further, the market may obtain a new structure where the American origin of equipment and compliance with government standards will become a competitive advantage.
What does this mean for the market
The initiative shows that in the USA, bitcoin is increasingly viewed not only as an investment asset but also as an element of industrial and financial strategy. Mining in this approach becomes part of the issue of technological sovereignty.
So far, this is just a bill. But the mere fact of its emergence is already important. Washington is beginning to discuss mining not as a controversial industry on the periphery of the economy but as a field related to security, energy, and long-term competition with China.
#maining #usa #Stablecoins #Write2Earn
