Mined in America Act of 2026
Sen. Cassidy and Sen. Lummis Introduce Bill to Create U.S. Bitcoin Reserve and Phase Out Chinese Mining Tech
The Mined in America Act of 2026 is currently in the early stages of the legislative process. It was recently introduced in the Senate and sent to the Committee on Finance for review. There are no upcoming votes scheduled at this time, and the bill is waiting for the committee to decide on its next steps.
Legislative Progress
While the bill has bipartisan support from well known senators, it involves major changes to tax law and creates a controversial new government reserve that may face pushback.
Key Points
Impact Analysis
Personal Impact
Life & Work
Staff at the Department of Commerce, Department of Energy, NIST, and USDA would take on new responsibilities to administer the certification program, conduct audits and inspections, manage the public registry, and coordinate across agencies. The Treasury Department would need to build capacity for Bitcoin custody, staking operations, and on-chain verification.
“The Secretary shall conduct audits or inspections of mining facilities and mining pools certified under the certification program as necessary to ensure compliance with this section.”
Activities
Milestones
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
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Proposed GOP Bill Targets Foreign Crypto Mining Hardware
Republican Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act to stop U.S. crypto mining companies from using equipment tied to China and other foreign adversaries. The bill also codifies President Trump's executive order establishing a Strategic Bitcoin Reserve.
Senators Introduce 'Mined in America' Bill to Boost US Bitcoin Mining
The Mined in America Act creates a voluntary Commerce Department certification for mining facilities that phase out hardware from foreign adversaries by 2030. Certified miners gain access to federal programs and can sell BTC to the Strategic Bitcoin Reserve for capital gains tax exemptions.
Mined in America Act, Explained: Domestic Bitcoin Mining and the Strategic Reserve Plan
Senators Cassidy and Lummis introduced the Mined in America Act to support U.S.-based digital asset mining while giving the Strategic Bitcoin Reserve a firmer legal basis. The bill ties federal Bitcoin strategy to domestic mining capacity, hardware sourcing, and manufacturing support.
Source Information
Document Type
Congressional Bill
Official Title
Mined in America Act of 2026
Data Sources
Sponsor
Cosponsors
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