Cassidy and Lummis introduce “Mined in America Act” to boost U.S. Bitcoin mining

U.S. Senators Bill Cassidy and Cynthia Lummis introduced the “Mined in America Act” to expand domestic Bitcoin mining and increase U.S.-made mining hardware. The proposal would add a voluntary certification program, limit equipment linked to foreign adversaries, and place a Strategic Bitcoin Reserve under Treasury policy. The U.S. currently accounts for about 38% of global mining power while roughly 97% of mining hardware comes from China.