{"id":7981,"date":"2026-03-31T11:56:40","date_gmt":"2026-03-31T11:56:40","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7981"},"modified":"2026-03-31T11:56:40","modified_gmt":"2026-03-31T11:56:40","slug":"mined-in-america-act-aims-to-make-u-s-the-global-crypto-powerhouse","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7981","title":{"rendered":"\u201cMined in America Act\u201d Aims to Make U.S. the Global Crypto Powerhouse"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_bbb3dd634c150085c4543c4d621d5d92\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Senators Cynthia Lummis and Bill Cassidy introduced the Mined in America Act on March 30, 2026, directing the Commerce Department to create a voluntary certification program for US-based Bitcoin mining facilities and pools.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The Satoshi Action Fund flagged that the US controls 38% of global Bitcoin hash rate yet sources 87% of its mining hardware from China.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Certified miners could sell newly mined Bitcoin directly to the US government in exchange for a capital gains tax exemption.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>A bill introduced in the US Senate seeks to formalise a Strategic Bitcoin Reserve and tie it to domestic Bitcoin mining, using existing federal programs to reduce reliance on foreign hardware.<\/p>\n<p>The proposal was introduced as a companion to an executive order by President Donald Trump and it would place the reserve into federal law and direct agencies to use current energy, rural development and manufacturing programs to support a shift toward US-based mining equipment production (It does not authorise new spending).<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Digital asset mining is a big part of our economy. We should be doing it here in America.<\/p>\n<p>Proud to introduce the Mined in America Act with <a href=\"https:\/\/twitter.com\/SenLummis?ref_src=twsrc%5Etfw\">@SenLummis<\/a>, which\u00a0secures supply chains, backs U.S. manufacturing, and supports this key industry.https:\/\/t.co\/qZdv6SEe3g<\/p>\n<p>\u2014 U.S. Senator Bill Cassidy, M.D. (@SenBillCassidy) <a href=\"https:\/\/twitter.com\/SenBillCassidy\/status\/2038692469903069218?ref_src=twsrc%5Etfw\">March 30, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p><strong>Related: Lido Eyes $20M Token Buyback as LDO Hits Deep Discount.<\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-addressing-gaps-in-mining-and-hardware-sourcing\">Addressing Gaps In Mining and Hardware Sourcing<\/h2>\n<p>The bill centres heavily on the gap between mining activity and hardware sourcing. The United States accounts for about 38% of global Bitcoin hash rate, but 87% of mining hardware is produced in China.\u00a0<\/p>\n<p>Under the proposal, miners seeking a voluntary federal certification would need to phase out equipment linked to foreign adversaries, and the National Institute of Standards and Technology and the Manufacturing Extension Partnership would be tasked with supporting domestic hardware development.\u00a0<\/p>\n<p>Eligible miners would gain access to existing federal grant programs and a capital gains tax exemption on Bitcoin sold directly to the government reserve.\u00a0<\/p>\n<p>The legislation also defines how the reserve would operate, outlining budget-neutral mechanisms for acquiring Bitcoin, avoiding the need for new congressional appropriations.\u00a0<\/p>\n<p><strong>Related: XRP Slides Despite Goldman Sachs\u2019 $152M ETF Bet<\/strong><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Cryptocurrency,Law,United States#Mined #America #Act #Aims #U.S #Global #Crypto #Powerhouse1774958200<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senators Cynthia Lummis and Bill Cassidy introduced the Mined in America Act on March 30, 2026, directing the Commerce Department to create a voluntary certification program for US-based Bitcoin mining facilities and pools. The Satoshi Action Fund flagged that the US controls 38% of global Bitcoin hash rate yet sources 87% of its mining hardware<\/p>\n","protected":false},"author":1,"featured_media":7982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[940,1508,852,62,288,3709,1326,55],"class_list":{"0":"post-7981","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-act","9":"tag-aims","10":"tag-america","11":"tag-crypto","12":"tag-global","13":"tag-mined","14":"tag-powerhouse","15":"tag-u-s"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u201cMined in America Act\u201d Aims to Make U.S. the Global Crypto Powerhouse - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=7981\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cMined in America Act\u201d Aims to Make U.S. the Global Crypto Powerhouse\" \/>\n<meta property=\"og:description\" content=\"Senators Cynthia Lummis and Bill Cassidy introduced the Mined in America Act on March 30, 2026, directing the Commerce Department to create a voluntary certification program for US-based Bitcoin mining facilities and pools. 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