Cyber Security

US Senate Unveils Landmark Bitcoin Mining, Reserve Bill

Republican Senators Bill Cassidy and Cynthia Lummis introduced legislation on Monday aimed at overhauling the US digital asset mining sector, strengthening supply chains, and embedding bitcoin in the organization’s conservation strategy.

The proposal, titled the “Mined in America Act,” would establish a government certification system for domestic crypto mining operations while eliminating reliance on foreign-made hardware.

It also wants to consolidate Donald Trump’s executive order to create a Strategic Bitcoin Reserve, putting the policy into legal action, according to a release on the matter.

“Digital asset mining is a huge part of our economy. We should be doing it here in America,” Cassidy said in a statement, including the bill as a procurement and manufacturing initiative.

Lummis tied the legislation to a broader push to position the United States as a global hub for digital goods. “The Mines in America Act brings this industry home with forward-thinking initiatives to secure our financial future,” she said.

The bill directs the Commerce Department to create a voluntary “Mined in America” certification for mining facilities and pools that meet safety and resource standards. Certified operators will be required to transition away from hardware linked to foreign adversaries in a phased timeline, with the goal of full compliance by the end of the decade.

Legislators and industry representatives have pointed out major inequities in the current mining system. Although the United States controls an estimated 38% of the world’s bitcoin hash rate, about 97% of specialized mining hardware is produced by Chinese firms, including Bitmain and MicroBT.