Chinese Bitcoin Miners are Under Surveillance By US Officials Due to National Security Concerns

Chinese-owned Bitcoin mines in the US raise security concerns due to proximity to critical facilities and cyber threat potential.
Chinese Bitcoin Miners are Under Surveillance By US Officials Due to National Security Concerns
Chinese Bitcoin Miners are Under Surveillance By US Officials Due to National Security Concerns

According to The New York Times, concerns regarding national security have been raised by Chinese-owned bitcoin mining operations in the United States.

Some mining operations are located adjacent to important locations, such the Microsoft data center for the Pentagon’s Air Force nuclear missile facility in Wyoming, USA. American officials worry that Chinese spies are operating in these locations.

Following China’s 2021 ban on bitcoin mining, these enterprises have been running since. These people occasionally have connections to the Chinese Communist Party or to state-owned businesses, connections that may be hidden under a number of different firms.

Some US states have limitations, while Texas provides incentives, making it a refuge for Chinese-affiliated Bitcoin mining. The power grid or other critical infrastructure may be at risk as a result of this.

A new worry about a potential Chinese cyberattack on US infrastructure in the event of a major conflict was recently brought up in a report.

Chinese manufacturer Bitmain provides equipment to these mining farms. Beijing is not directly connected to Bitmain. However, the company’s exports to the US were routed through a subsidiary in a venue where communist party attendees gather.

Despite not being directly under government control, Chinese-owned bitcoin mining in the United States are raising security issues because of their proximity to vital locations and the possibility for cyber threats.

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