Bitcoin miners in US face disruptions over trade war with China: report
American crypto minors rely on Bitmain equipment see delays in shipment as customs officials increase the examination in the middle of trade tensions.
Crypto mining companies in the UNITED STATES are faced with delays in obtaining new equipment while customs officials tighten the verifications of the shipments of BitmainThe best Bitcoin supplier (BTC) Mine the platforms.
The Bitmain based in Beijing dominates the specialized mining platform market, but its deliveries to American customers were slowed down by a meticulous examination, Bloomberg reportsCiting industry executives who have noticed more frequent inspections.
“Us Customs has started to randomly inspect almost all bitcoin extraction machines by plane for about three months ago.”
Nuo Xu, founder of China Digital Mining Association
Bit Digital, based in New York, said that 700 of its mining platforms have been delayed by a few weeks. An Oklahoma-based operation has 2,000 platforms stuck in customs, said a person familiar with the case. Ethan Vera de Luxor Technology noted that the expeditions “with Bitmain’s minor labels” were one of these targeted. The situation could worsen, the report notes as a 10% rate on Chinese imports came into force on February 1, adding to the costs of new machines.
The headaches of the Bitmain supply chain occur as well as its co -founder, Zhan Ketuan, is under pressure from the American authorities on his IA company, Sophgo. THE The company has been put on blacklist In January for pretending to help Chinese flea industry and work with Huawei.
The move of Zhan in AI did not witness everyone well at Bitmain, because some leaders were not delighted to move the development of the mining of the equipment. The blacklist also struck Sophgo hard, cutting it from the main suppliers such as the Taiwan Semiconductor Manufacturing Company. Despite all this, Bitmain announced plans for a new American installation in December, but they keep the location under the Wraps.
Post Comment