US senators propose a 'Mined in America Act' to boost domestic Bitcoin mining. The bill seeks to increase US control over Bitcoin production and establish a national reserve, reducing reliance on foreign hardware.

US senators are proposing new legislation, the "Mined in America Act," to boost the country's Bitcoin mining industry. Although the United States holds 38% of Bitcoin's hashrate – the total computing power used for mining – most mining machines are foreign-made. This bill aims to increase domestic manufacturing of mining hardware and promote the use of American energy for crypto operations. It also seeks to establish a national Bitcoin reserve. The goal is to lessen reliance on foreign supply chains and strengthen US independence in digital assets.