Bitcoin mining manufacturer defined by Circuit (ASIC) Canaan completed a pilot -making run in the US and left AI manufacturing efforts.
In a statement sent to Cointelegraph on Monday, a Canaan representative said that “a pilot run was successfully completed in the US,” replicating Malaysian -based operations. Canaan din announced The stopping Ai Semiconductor business in its said “a strategic realignment aimed at sharpening its focus.”
“I believe that doubling our major strengths in crypto infrastructure and Bitcoin mining is the most strategic path forward for Canaan,” said Nanggen Zhang, Chairman and CEO of Canaan.
A Canaan representative acknowledged that production costs were higher in the US, but said the company has viewed this “initiative not only as a fence against tariffs but as a potential strategic investment in long -term resilience.”
Making closer to the North American market, the company added, will help improve delivery cycles, respond faster to local demand and navigate future geopolitical or regulation.
Statements follow recent reports that Bitmain, Canaan and MicRont – which collectively produce most ASICs of Bitcoin mining in the world – is bringing production to the US.
Related: Silent climbing mining to Bitcoin’s house-interview with Canaan
Canaan’s US is a long -term effort
The Canaan representative mentioned that the manufacture of Bitcoin mining mining in the US was part of a long -term effort, and beyond the response to tariffs:
“We are actively working to optimize our US cost structure with the aim of limiting production costs.”
The representative said the company’s products made in Malaysia are currently undergoing a 10% tariff. When it comes to imported ingredients and raw materials, tariffs are less clear, making cost planning.
For this reason, US expansion of the US “will finally depend on achieving commercial flexibility through a combination of cost management, customer demand and clarity around the tariff environment.”
Related: Bitcoin Asic Maker Bitmain expands the production line with us
Canaan promises compliance
The company addressed potential concerns with US national security standards, which featured that its devices were sent to the US were manufactured in Malaysia and certified by local authorities. Representative added:
“We should further expand US production, we intend to ensure that our operations are aligned with emerging US standards for technology and security.”
Comments come after the US Customs and Border Protection Agency has stopped at Delivery of thousands of Bitmain asics In November 2024, following an investigation by US authorities in the Chinese chip design Xiamen Sophgo in a alleged business relationship The US telecommunication firm includes Huawei. Devices recently released.
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