U.S. Senators Bill Cassidy (R-LA) and Cynthia Lummis (R-WY) introduced the Mined in America Act on March 30, pushing to shift digital asset mining operations back to U.S. soil and codify President Trump’s executive order establishing a Strategic Bitcoin (BTC) Reserve.
The bill targets a supply chain issue the senators say poses a national security risk. According to the Satoshi Action Fund, which backs the legislation, the U.S. accounts for 38% of global Bitcoin hash rate, yet 97% of the hardware powering that mining comes from China.
What the Bill Does
The legislation directs the Department of Commerce to create a voluntary “Mined in America” certification program for cryptocurrency mining facilities and pools.
Certified operations would be required to transition away from equipment tied to foreign adversaries.
Rather than creating new federal spending authorities, the bill integrates certified projects into existing federal energy and rural programs.
It also directs the National Institute of Standards and Technology (NIST) and the Manufacturing Extension Partnership to support U.S. manufacturers in developing energy-efficient mining hardware.
A fifth provision formally establishes a Strategic Bitcoin Reserve within the Department of the Treasury, codifying Trump’s earlier executive action into law.
The bill’s passage would mark a significant shift in how the U.S. approaches both Bitcoin mining security and its broader digital asset strategy.
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Source: https://beincrypto.com/mined-in-america-act-bitcoin-mining-reserve/
