U.S. Senators Bill Cassidy (R-LA) and Cynthia Lummis (R-WY) have introduced the Mined in America Act, a bill designed to strengthen domestic Bitcoin mining and reduce the industry’s dependence on hardware tied to foreign adversaries. The senators argue that without government support, countries such as Russia and China could gain disproportionate influence over Bitcoin’s underlying network. The legislation was introduced on Monday alongside a press release outlining its key provisions.
The bill would establish a voluntary certification program administered by the Commerce Department, allowing mining operations to earn a “Mined in America” designation. To qualify, facilities must commit to phasing out equipment manufactured by companies linked to foreign adversaries. Certified entities would gain access to existing federal energy and rural development programs to help ease that transition.
The legislation also seeks to codify President Donald Trump‘s executive order establishing a Strategic Bitcoin Reserve into law. Lummis stated that the bill advances Trump’s pledge to position the United States as the global leader in digital assets. “The Mined in America Act brings this industry home through forward-thinking initiatives to secure our financial future,” she said. “We’re not backing down.”
The bill was developed with backing from the Satoshi Action Fund, whose CEO and co-founder Dennis Porter described the sector’s current hardware situation as a serious vulnerability. Porter noted that machines manufactured in China account for approximately 97% of Bitcoin’s total hash rate, the measure of computing power securing the network. The government would also be directed to support U.S. manufacturers in developing mining equipment domestically under the proposed law.
In several respects, the Mined in America Act draws parallels to the Chips and Science Act, enacted in 2022, which allocated federal funding to domestic semiconductor manufacturing. That earlier legislation emerged amid pandemic-era supply chain disruptions that exposed U.S. reliance on chip production concentrated in regions such as Taiwan. The new bill applies a similar logic to the cryptocurrency mining sector.
The proposal arrives as Bitcoin miners face mounting pressure from declining profitability following the digital asset’s retreat from record highs, while many in the industry pivot toward artificial intelligence workloads. Cassidy highlighted the potential for Bitcoin mining to support blue-collar employment, particularly as data center construction accelerates in response to the AI boom. “Digital asset mining is a big part of our economy. We should be doing it here in America,” he said.
The Strategic Bitcoin Reserve has yet to see any new asset allocation, as the government is currently limited to budget-neutral acquisition strategies. In October, Lummis advocated for redirecting $14.4 billion in Bitcoin seized from the alleged leader of a global crypto fraud network into the reserve, which represented the largest cryptocurrency seizure in Department of Justice history. Separately, Eric Trump and Donald Trump Jr. recently launched a Bitcoin mining venture called American Bitcoin, which disclosed in a recent SEC filing that its fleet consists primarily of machines manufactured in China.
Originally reported by Decrypt.
