Republican Senator Bill Cassidy is Cynthia Lumi enacted a law on Monday seeking to overhaul the US digital mining sector, tighten chains, and place bitcoin in the federal reserve system.
The proposal, called the “Mined in America Act,” would establish a federal certification program for domestic crypto mines use when they stop relying on foreign hardware.
It also wants to control Donald Trump’s plan to create a Strategic Bitcoin Reserve, putting those values in the legal system, according to a to release in this case.
“Digital asset mining is a huge part of our economy. We need to do it here in America,” Cassidy said in a statement, framing the investment as a way to create and create assets.
Lummis tied the law to a broader push to make the United States the center of the world’s digital economy. “The Mined in America Act brings these companies home through forward-thinking ways to secure our economic future,” he said.
The bill directs the Department of Commerce to create a voluntary “Mined in America” certification for mining facilities and pools that meet safety and access standards. Licensees will need to transition away from hardware connected to external adversaries in the short term, with the goal of full compliance by the end of the decade.
Lawmakers and industry advocates have pointed out the huge imbalances in the current mining system. Although the United States controls about 38% of the world’s bitcoin mining, about 97% of the specialized mining equipment is made by Chinese companies, including Bitmain and MicroBT.
The push for mining security in the home
Supporters argue that dependence creates economic and national security problems. The bill refers to past incidents, including US inspections of imported mining equipment and the discovery of vulnerabilities in firmware that raised concerns about remote capabilities.
To address this imbalance, the legislation directs the National Institute of Standards and Technology and the Manufacturing Extension Partnership to support the development of domestic mining hardware.
It stops approving new spending, instead combining approved projects with existing energy and production programs.
The measure also positions bitcoin mining as a tool for grid control and energy development.
Using existing programs of the Department of Energy and the Department of Agriculture of the US, authorized operators can obtain funds to support projects that use renewable energy, grid stability, or remove methane gas from landfills and oil.
The group of companies Satoshi Action Fund to be accepted this law, I call it a comprehensive system that integrates the principles of energy, production, and energy systems.
Strategic Bitcoin Reserve receives respect
Beyond industrial policy, the most important part of the bill would be its creation of a Strategic Bitcoin Reserve within the Treasury Department. Although the federal government already has a lot of bitcoin money from confiscation, it is save it it will establish a system for long-term storage and accumulation.
The law reflects a “neutral” approach to economic growth. Funds from large rewards and airdrops tied to other captured digital assets can be combined with bitcoin purchases. In addition, legal miners can sell the bitcoin they mine directly to the government for tax exemption, creating an incentive to supply the reserve at lower prices.
If enacted, the Mined in America Act will be one of the largest federal efforts to integrate bitcoin mining into the US industrial and energy policy.
It comes at a time when policymakers are considering how to manage innovation, security, and competitiveness in the world’s fastest-growing sector.
