US EditionChinese-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.
7 Articles
7 Articles
Chinese-Owned Bitcoin Mine Sparks National Security Concerns
U.S. Pentagon officials are keeping close tabs on a Wyoming-based Bitcoin (CRYPTO: BTC) operation owned by Chinese interests amid fears of potential national security risks. The Bitcoin mine, located opposite a Microsoft Corporation data center and near a military base, sparked concerns due to the owners’ connections with China, according to a report by The New York Times. The proximity of the operation to key infrastructure has raised fears th…
Across US, Chinese Bitcoin Mines Draw National Security Scrutiny
According to the New York Times, Chinese-owned bitcoin mining operations in the United States are causing security concerns due to their proximity to important sites and the potential for cyber threats. The Crypto Times reports: There are some mining facilities close to critical sites such as Micro...
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