Many bitcoin mines are reportedly tied to the Chinese Communist Party, raising concerns over their proximity to critical U.S. infrastructure.
Chinese bitcoin mines in the U.S. have sparked national security concerns, The New York Times reported, with one such operation located next to a Microsoft data center supporting the Pentagon and near an Air Force nuclear missile base in Cheyenne, Wyoming.
A company linked to the Cheyenne mine, Bit Origin, told the NYT it had responded to queries from the U.S. federal committee. Li Jiaming, president of the pork processor turned bitcoin miner, said the site was chosen after securing an agreement from the local utility company to provide it with power, not due to the proximity of the Microsoft data center or the missile base.
Despite legislation restricting Chinese land ownership due to security concerns in several U.S. states, Texas has emerged as a particular hotspot for significant bitcoin mining operations with Chinese connections, the NYT said. The Lone Star Infrastructure Protection Act, signed by Gov. Greg Abbott in June 2021, prohibits businesses owned by foreign adversaries from accessing critical infrastructure.
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