WASHINGTON – U.S. Senators Bill Cassidy (R-La.) and Cynthia Lummis (R-Wyo.) introduced the Mined in America Act on March 30, 2026, legislation designed to strengthen domestic cryptocurrency mining and formally codify President Donald Trump’s Strategic Bitcoin Reserve.
The bill addresses a critical vulnerability in the U.S. digital asset ecosystem: while America controls 38 percent of the world’s Bitcoin hash rate, 97 percent of the specialized hardware powering those operations is manufactured in China. Cassidy and Lummis argue this dependence on foreign adversaries undermines national security, supply chain resilience, and economic leadership in an industry that has become a significant part of the American economy.
This bill will secure supply chains, back U.S. manufacturing, and support this industry, Cassidy said in a statement. Lummis, a longtime advocate for cryptocurrency policy, added: “President Trump pledged to make the United States the digital asset capital of the world—and we’re not backing down. The Mined in America Act brings this industry home through forward-thinking initiatives to secure our financial future.”
The Mined in America Act directs the Department of Commerce to create a voluntary “Mined in America” certification program for cryptocurrency mining facilities and mining pools. To earn certification, operators must phase out mining hardware linked to foreign adversaries, gradually shifting toward equipment produced domestically or by trusted allies. The legislation leverages existing federal energy and rural development programs to support certified projects, avoiding the creation of new spending authorities.
It also tasks the National Institute of Standards and Technology and the Manufacturing Extension Partnership with assisting U.S. companies in developing secure, energy-efficient mining hardware. The goal is to build a domestic manufacturing base that can compete globally while reducing reliance on overseas suppliers.
A cornerstone of the bill is the codification of President Trump’s Executive Order signed March 6, 2025, which established the Strategic Bitcoin Reserve and a separate U.S. Digital Asset Stockpile. Under the EO, the Bitcoin Reserve is capitalized using digital assets already held by the Treasury Department from criminal and civil forfeitures. Bitcoin acquired through these means will be held as a strategic reserve asset described by the administration as “digital gold” and will not be sold. The order emphasizes budget-neutral strategies for stewardship and directs agencies to provide a full accounting of their digital asset holdings.
By embedding the reserve into statute, the Mined in America Act creates a direct pipeline between certified domestic mining operations and the federal government’s strategic holdings. Proponents say this virtuous cycle will strengthen grid infrastructure, incentivize American innovation, and position the United States as the undisputed leader in Bitcoin and digital assets.
The legislation is supported by the Satoshi Action Fund, a leading Bitcoin policy organization. “America controls 38 percent of the world’s Bitcoin hash rate, but 97 percent of the hardware powering it comes from China. That is not leadership, that is a liability,” said Dennis Porter, CEO and co-founder of the Fund. “The Mined in America Act breaks that dependency by building a virtuous cycle of domestic manufacturing, certified mining operations, grid-strengthening energy infrastructure, and a pipeline to the Strategic Bitcoin Reserve. If we are serious about leading on Bitcoin, we cannot let adversaries hold the keys to our supply chain.”
The introduction of the Mined in America Act comes as the cryptocurrency industry continues to mature under the Trump administration’s pro-innovation stance. Industry observers view the bill as a practical step toward reducing geopolitical risks while capitalizing on America’s existing mining dominance. If passed, the legislation could accelerate investment in U.S.-based facilities, create high-tech manufacturing jobs, and reinforce the nation’s commitment to treating Bitcoin as a strategic national asset rather than a speculative commodity.
Supporters believe the measure strikes a balance between national security imperatives and free-market principles, using certification and existing programs rather than heavy-handed mandates. As Congress begins to consider the bill, the Mined in America Act signals a new chapter in U.S. digital asset policy which is focused on bringing critical infrastructure home and securing America’s place at the forefront of the global crypto economy.
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