Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
don't know what to make of it.. but in case someone is interested:
US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
https://www.businessinsider.com/pentagon-chinese-owned-bitcoin-operation-cheyenne-wyoming-microsoft-2023-10
US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
https://www.businessinsider.com/pentagon-chinese-owned-bitcoin-operation-cheyenne-wyoming-microsoft-2023-10
Well this could be good news for other miners. The article says 12 mines scatter in the USA are owned by Chinese nationals.
I do not know their size but if they are large and they are shut down we could get a 10-20% drop in hash rate.
They moved from China to USA due to ban in China. They will relocate to some other country in case USA also ban them.
Kazakhstan is also an ideal destination for miners from China.
Duh ,
If USA decides they are spies that gear will be frozen for months if not years.
USA can be really shitty when they want to be.
They got Canada to arrest a big shot from Huawei and bring them back to the USA they held her for quite a while.