Chinese-Owned Bitcoin Mine Sparks National Security Concerns
- U.S. Officials are monitoring cryptocurrency mining operations in the country with ties to China, citing concerns over national security.
- A Bitcoin mining operation in Wyoming owned by Chinese interests is under scrutiny due to its proximity to a Microsoft data center and a military base. Microsoft raised concerns about potential threats from Chinese nationals and the operation's computing power.
- Many mining companies moved to the U.S. From China in 2021, and some have faced scrutiny from U.S. Authorities for their ties to China.
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