Post
Topic
Board Bitcoin Discussion
Re: What is going to happen Biden orders remove of Chinese-owned crypto Miner?
by
Ojima-ojo
on 14/05/2024, 19:06:58 UTC
United States President Joe Biden has signed an order preventing a China-linked crypto mining firm

Die empty has already hit the nail on the head, this is not a direct attack on cryptocurrency for now, but they are considering the risk at stake in having a Chinese based crypto mining facility near their own sensitive military coverage, this should be seen as a request and not a threat or attack for evacuation, though the whole idea should have been seen that crypto mining mean nothing to harm their activities over there, but for privacy sake, things like this should be taken action upon because its an area that have already accommodated two countries in which shouldn't because of the US government sensitivity to their security covers in that zone.
To a far extent, the US government are right in they decision to move the mining farm away from a military base, this is not debatable at all since it matters of security intelligence.


Having a military based and a bitcoin mining farm in the same location will lead to a more severe security challenge in the future, so it better to prevent that from happening as soon as possible, this is not about the United States government and Chinese government.