Reuters: US authorities have recently begun to release seized crypto mining machines

PANews reported on March 6 that according to Reuters, two industry executives revealed that U.S. authorities have begun releasing previously seized Chinese-made cryptocurrency mining equipment in recent weeks. Taras Kulyk, CEO and co-founder of Synteq Digital, a crypto mining equipment broker, said: "Thousands of devices have been released, and as many as 10,000 devices were once stuck at various ports of entry. Obviously, some people in the Customs and Border Protection Agency really don't like Bitcoin mining, so they want to make trouble for the entire industry." Ethan Vera, chief operating officer of Luxor Technology, said: "Some detained goods are being released, but it is only a minority at the moment." Both Vera and Kulyk said that the authorities are concerned about the radio frequency radiation generated by the equipment, but they believe that these concerns are unfounded.

As Blockspace reported in November, the U.S. Customs and Border Protection and the Federal Communications Commission began seizing certain Bitcoin mining equipment late last year. The outlet said at least some of the equipment may have been seized because they used chips from Sophgo, a Chinese chip company subject to trade restrictions.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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