Author: Senator Bill Cassidy / Cynthia Lummis
Compiled by: Deep Tide TechFlow
Deep Tide Introduction:Cassidy and Lummis jointly proposed the "American Manufacturing Mining Act," which focuses on two main aspects: incorporating Trump's executive order on Bitcoin strategic reserves into law and mandating that mining infrastructure be removed from the Chinese supply chain.
Currently, the United States controls 38% of the global Bitcoin hashrate, but 97% of mining hardware comes from China; this figure is the logical starting point of the entire bill.
The full text is as follows:
Washington - U.S. Senators Bill Cassidy (Republican, Louisiana) and Cynthia Lummis (Republican, Wyoming) introduced the "American Manufacturing Mining Act," aimed at bringing critical digital infrastructure back to the United States. Additionally, the bill will formally write President Trump's executive order to establish a Bitcoin strategic reserve into law.
"Digital asset mining is an important component of our economy, and we should be doing it on American soil," Cassidy said. "This bill will ensure supply chain security, support American manufacturing, and bolster this industry."
"President Trump promised to make America the capital of digital assets, and we will not back down," Lummis said. "The 'American Manufacturing Mining Act' brings this industry back home through proactive measures, securing our financial future. I am honored to partner with Senator Cassidy to ensure the future of digital assets is forged in America."
1. Establish a voluntary "Made in America" certification: Directs the Department of Commerce to establish a voluntary certification program for cryptocurrency mining facilities and pools.
2. Phase out mining hardware associated with foreign adversaries: Certified facilities must gradually decommission mining equipment manufactured by companies associated with foreign adversaries.
3. Utilize existing federal energy and rural programs to support the transition: Integrate the certification program into existing federal programs instead of creating new spending authorizations.
4. Support domestic mining hardware manufacturing: Directs the U.S. National Institute of Standards and Technology and the Manufacturing Extension Partnership program to assist American manufacturers in developing secure and energy-efficient cryptocurrency mining equipment.
5. Codify Trump's Bitcoin strategic reserve into law: Establish a Bitcoin strategic reserve within the Department of the Treasury.
The "American Manufacturing Mining Act" is supported by the Satoshi Action Fund.
"The U.S. controls 38% of the world's Bitcoin hashrate, but 97% of the hardware powering it comes from China. This is not leadership; this is liability. The 'American Manufacturing Mining Act' breaks this dependence by creating a virtuous cycle—domestic manufacturing, certified mining operations, strengthening the energy infrastructure of the grid, and pathways to Bitcoin strategic reserves. If we are serious about leadership in the Bitcoin space, we cannot allow adversaries to hold the keys to our supply chain," said Dennis Porter, CEO and co-founder of the Satoshi Action Fund.
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