US Senators Introduce Bill to Boost Bitcoin Mining Domestically and Establish Strategic Reserve

US Senators Introduce Bill to Boost Bitcoin Mining Domestically and Establish Strategic Reserve

N
News Editor 01
2026-07-22 09:00:13
Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act on March 30, requiring mining facilities to phase out foreign-linked hardware and creating a Strategic Bitcoin Reserve within the Treasury Department.
bitcoin miningUS legislationstrategic bitcoin reservesupply chainMined in America Act

U.S. Senators Bill Cassidy (R-La.) and Cynthia Lummis (R-Wyo.) introduced the Mined in America Act on March 30, aiming to anchor bitcoin mining and digital asset infrastructure within the United States while formalizing a federal bitcoin reserve. The bill leverages existing federal energy and rural development programs rather than creating new spending.

Five Key Provisions

The legislation outlines five core measures. First, the Department of Commerce would establish a voluntary "Mined in America" certification for mining facilities and pools. Second, certified operators must phase out hardware linked to foreign adversaries. Third, federal energy and rural development programs are repurposed to support domestic mining. Fourth, the National Institute of Standards and Technology (NIST) and the Manufacturing Extension Partnership will guide domestic hardware production. Fifth, a Strategic Bitcoin Reserve would be created within the Treasury Department, positioning bitcoin as a federally recognized strategic asset.

Cassidy stated: "Digital asset mining is a big part of our economy. We should be doing it here in America." Lummis added: "President Trump pledged to make the United States the digital asset capital of the world—and we're not backing down." She said the bill reduces foreign dependency and strengthens U.S. competitiveness.

Supply Chain Vulnerabilities Highlighted

Dennis Porter, CEO and co-founder of Satoshi Action Fund, warned that while the U.S. accounts for a significant share of global bitcoin hash rate, most mining hardware originates from China, creating potential vulnerabilities. The bill aims to address those risks by fostering domestic production and infrastructure resilience. "If we are serious about leading on Bitcoin, we cannot let adversaries hold the keys to our supply chain," Porter stressed.

The proposal arrives amid growing bipartisan momentum in Congress to clarify crypto market structure, with key committees debating similar legislation. Industry observers view the reserve and domestic mining push as potential catalysts for broader institutional adoption of bitcoin.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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