US moves to break China’s grip on Bitcoin mining hardware with new Senate bill

The US leads the world in Bitcoin mining, but the machines powering that position still come largely from China. A new Senate bill aims to unwind that dependence, framing mining hardware as a national supply chain risk. America holds roughly 38% of global Bitcoin mining capacity, and the specialized hardware powering that position comes overwhelmingly […] The post US moves to break China’s grip on Bitcoin mining hardware with new Senate bill appeared first on CryptoSlate.