According to Foresight News, analysts at research and brokerage firm Bernstein said that the Bitcoin mining chip and hardware industry will form a $20 billion market opportunity in the next five years, especially against the backdrop of Trump's push to "make Bitcoin in the United States."
While this market has historically been dominated by Chinese companies, the launch of new mining chips from Block and Auradine in the United States provides an opportunity for supply chain diversification, competition in advanced chip designs, and global foundry capabilities.
Combined with Trump’s recent pledge to “make Bitcoin in the USA,” the agency believes this will be a positive factor for U.S. Bitcoin miners, potentially improving equipment efficiency, reducing capital expenditures, and providing idle power for AI/HPC opportunities.
