As Chinese crypto mining rig makers Bitmain, Canaan, and MicroBT look to set up factories in the U.S. to avoid rising tariffs, Ethan Vera, Chief Operations Officer at crypto mining infrastructure provider Luxor, says the move won’t hurt Bitcoin’s network, but it could change where miners choose to invest in the future.

Bitmain began U.S. production late last year, while Canaan and MicroBT are both advancing “localization strategies” to insulate themselves from the evolving trade war, Reuters reported Wednesday. The trio now controls more than 90% of the global mining hardware market, according to Frost & Sullivan, and their efforts mark a strategic response to U.S. tariffs that could reach 30% on Chinese rigs.

While analysts and U.S. crypto mining firms like Auradine have raised alarms about national security risks — pointing to the heavy reliance on Chinese hardware — Vera, speaking with The Defiant, downplayed concerns about the network’s resilience. “We don't think this is a concern for the network itself,” he told The Defiant. “If U.S. tariffs increase further, we expect more capital to be deployed in countries such as Canada, Brazil, Ethiopia and Paraguay as miners look for new homes.”

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