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BusinessApr 01, 2026 06:05 AM

Bitcoin Mining Nationalized? US Senators Float Bold New Reserve-Backed Bill

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. About 97% of the machines used to mine Bitcoin currently come from companies based in China. This heavy reliance on foreign technology has created a bottleneck at American ports and raised alarms about the long-term security of the network. To fix this, US Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act. The bill aims to move the production of special ...Read More >

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