New U.S. Bill Backs Domestic Bitcoin Mining Industry

U.S. Senators Bill Cassidy and Cynthia Lummis have introduced a new bill aimed at expanding domestic crypto mining and reducing reliance on foreign hardware. The proposal, called the “Mined in America Act,” also seeks to formalize a Strategic Bitcoin Reserve backed by President Donald Trump’s earlier executive order. The move signals that Bitcoin is increasingly being treated as both an economic and national security priority in Washington.

What the bill actually does

At its core, the bill focuses on three simple ideas: produce more in the U.S., rely less on foreign suppliers, and treat Bitcoin as a strategic asset, according to Senator Cassidy’s press release published on March 30.

Key points include a voluntary “Mined in America” certification for mining operations, phasing out hardware tied to foreign adversaries, support for U.S.-based manufacturing of mining equipment, using existing federal energy programs to support mining projects, and creating a formal Strategic Bitcoin Reserve under the Treasury.

In plain terms, lawmakers want more of the Bitcoin supply chain, from machines to mining, to happen inside the U.S. Right now, the U.S. controls about 38% of global Bitcoin mining power, but about 97% of the hardware comes from China, according to the Satoshi Action Fund.

The bill is trying to fix that mismatch.

Supporters argue that relying on foreign-made equipment creates risk, especially as Bitcoin becomes more important to financial infrastructure. By building hardware domestically, the U.S. could strengthen both its economy and its control over critical systems tied to Bitcoin.

Earlier, Senator Lummis has warned that delaying the passing of crypto legislation would threaten the financial competitiveness of the U.S., as well as reduce its chances to establish itself as the long-term leader in digital assets.

The bigger picture

The inclusion of a Strategic Bitcoin Reserve is just as important as the mining push. It suggests the U.S. is starting to think about Bitcoin in the same way it thinks about gold or energy reserves.

If passed, the bill would lock in policy that supports mining, manufacturing, and long-term Bitcoin accumulation.

All things considered, Bitcoin is becoming part of national strategy, and governments are starting to compete over who controls the infrastructure behind it.