Mining News

Bitcoin mining equipment that was seized in the American ports worldwide: Report

Customs and American border protection expanded their suppression Current currency mining equipmentThe seizure Bitcoin BTC/USD ASics mining in multiple ports throughout the country.

What happened: At the requests of the Federal Communications Committee (FCC), the agency has not only detained the shipments of Antminer S21 and T21 from Bitmain, but it is now targeting Microbt and Canaan competing devices as well, according to A. a report By Blockspace.

The scope of expansion of enforcement represents a significant escalation in the organizational audit of the imports of mining devices.

The documents reviewed by Blockspace confirmed that CBP has actively carries shipments from mining units at entry points, noting compliance problems related to the federal communications committee systems.

The seizures come after previous concerns that some mining units contain the chips of Amnesty International from them SofgoIt is a Chinese company placed by the United States under the restrictions of trade.

However, the recent detainees indicate that the agency now imposes wider restrictions that exceed the products associated with Sophgo.

One of the companies from the inside stated that mining equipment worth $ 5 million was confiscated in one case.

A notification from CBP on January 10 revealed that a shipment of S21 Pro mining machines was seized at Bitmain at San Francisco International Airport.

Also read: Robinhood’s encryption betting: Bernstein predicts a tremendous growth, targeted $ 105

Why do it concern: Taras ColicCo -founder and CEO of SYNTEQ digitalHe pointed out that almost every major ASIC Factory in Asia is now facing customs clearance challenges.

Previously, the detention processes in Detroit and San Francisco were focused, but multiple sources indicate that CBP carries shipments in various ports worldwide.

According to what was reported, one of the affected companies explores legal measures against the government, as it seeks to challenge the seizures.

Bitmain is still the dominant power of Bitcoin mining devices, controlling about 80 % of the ASIC market. The company, which is headquartered in Beijing, transferred most of its manufacture outside China after the first wave of US definitions in 2018.

Her competitors, Canaan and Micropht have relatively stronger relationships with the American market.

Canaan was listed on the Nasdaq Stock Exchange, while Microbt created assembly operations inside the United States.

Despite these relationships, both companies are now facing the increasing audit of customs officials.

Expanding measures can have significant impacts on the American encryption mining sector.

Many mining companies rely on a fixed flow of new machines to maintain operational efficiency, and the continuous delay in customs has been disrupted by expansion and profitability plans.

If the organizational blog continues, mine workers may lead to searching for alternative strategies for the supply chain or converting transportation into more appropriate judicial states.

Read the following:

The image created using artificial intelligence with Midjourney.

Market news and data brought to you benzinga Apis

https://cdn.benzinga.com/files/images/story/2025/02/13/bitcoin-mining-ai.png?width=1200&height=800&fit=crop

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button