U.S. Senators Bill Cassidy and Cynthia Lummis have introduced the Mined in America Act, a landmark cryptocurrency bill designed to codify President Donald Trump's executive order establishing a Strategic Bitcoin Reserve (SBR) while strengthening domestic Bitcoin mining infrastructure.
The legislation introduces a voluntary "Mined in America" certification program administered by the Commerce Department, covering domestic crypto mining facilities and mining pools. The bill also proposes gradually eliminating mining hardware linked to foreign adversaries, addressing growing national security concerns around Chinese-manufactured equipment. To ease the transition, the act leverages existing federal energy and rural development programs while directing the National Institute of Standards and Technology and the Manufacturing Extension Partnership to support U.S. manufacturers in building secure, energy-efficient mining hardware.
Senator Cassidy emphasized that Bitcoin mining has become a significant driver of the American economy, stating the bill will secure supply chains, strengthen domestic manufacturing, and support the broader digital assets industry. Senator Lummis reinforced that the legislation delivers on Trump's commitment to positioning the United States as the global crypto capital.
The Satoshi Action Fund, a key supporter of the bill, highlighted a critical vulnerability: while the U.S. controls roughly 38% of the global Bitcoin hash rate, approximately 87% of the hardware powering that network originates from China. CEO Dennis Porter called this dependency a liability, arguing that the Mined in America Act creates a self-sustaining cycle of domestic production, certified operations, and grid-supporting energy infrastructure that feeds directly into the SBR.
The bill arrives amid heightened scrutiny of Chinese Bitcoin mining manufacturer Bitmain, currently under investigation over potential remote surveillance capabilities. It also emerges as competing crypto legislation, including the CLARITY Act, faces industry pushback, creating urgency for lawmakers to advance digital asset policy before potential shifts in Congressional control following upcoming midterm elections.
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