On August 15, a Bitcoin mining company named American Bitcoin (supported by members of President Donald Trump's family) exercised an option earlier this month to purchase 16,299 Antminer U3S21EXPH Mining Rigs from Bitmain for a total price of about $314 million. These Mining Rigs have a Computing Power of up to 14.02 terahashes per second. The protocol eliminated any price rises that could result from comprehensive trade tariffs and import taxes imposed by the Trump administration. To address tariff pressures, Bitmain announced it will open its first ASIC production facility in the United States by the end of the year. The company also plans to establish its headquarters in Florida or Texas.

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