US Senators Target Chinese Crypto Mining Hardware in New Legislation

Republican senators Bill Cassidy and Cynthia Lummis have introduced legislation aimed at banning U.S. crypto mining operations from using hardware linked to China and other foreign adversaries.

The bill, known as the Cassidy-Lummis Mining Bill, would force certified mining facilities to phase out equipment sourced from hostile nations and codify President Donald Trump's 2025 executive order creating a Strategic Bitcoin Reserve within the Treasury Department.

Cassidy stated, 'Digital asset mining is a big part of our economy. This bill will secure supply chains, bolster US manufacturing, and support this industry.'

The proposal would have the National Institute of Standards and Technology and the Manufacturing Extension Partnership assist domestic manufacturers in building secure, energy-efficient mining equipment.