The US Customs and Border Protection (CBP) authorities have reportedly began to release crypto miners after months held in entry ports across the United States.
“Thousands of units were released” after as many as 10,000 miners obtained at various entry ports, Taras Kulyk, CEO of Crypto Mining Firm Manufacturer Synteq Digital, said Reuters.
“It seems like there are some people on the CBP who really don’t like bitcoin mining so they want to give the whole sector headache, which is what they did well.”
Bitcoin Mining Infrastructure Firm Luxor Technology Chief Operating Officer Ethan Vera also told Reuters that “some shipping holders have been released, but now is still a minority to them.”
Customs authorities have been delay in delivery of Bitmain Antminer Application-Specific Integrated Circuits since earlier in September or there, blockspace Says in November.
Holdup is understood related to chip designer related to Bitmain Sophgo, caught in a US Department of Investigation of the Department In October after chips as it was ordered in Taiwan was found in a Huawei Ai processor. Huawei has been under penalties in the US since 2019.
Sophgo, However, declined Having any business relationship with Huawei.
A company has reportedly said that the CBP will charge a charge for 200 ASICs that it is waiting for. The bill exceeded $ 200,000, it said in November.
ASICs from other Chinese manufacturers have been reported not to be held by the CBP.
CBP actions have been reported to have come to the request of the US Federal Communications Commission Agency.
Related: Bitcoin miners are united in the middle of the crypto market route – JPMorgan
The release of Bitcoin -made miners Chinese arrived while imposed by the Trump administration A 10% tariffs on Chinese imports.
President Donald Trump’s tariff Plans In the border countries Canada and Mexico will continue.
China Provides 98% of all chips Used in crypto mining. Its largest manufacturer, the Bitmain, recently Expanded the line of making it in the US to better deal with delayed delivery.
Bitmain said in December that the transition would be expected to provide “significant strengthening” to its industry partners.
Almost 38% of the Bitcoin network Hashrate is based on the US, According to On the Bitcoin mining map of Bulletin chain, and four of Bitcoin’s largest miners by appreciation – Maras’ holdings, basic scientific, clean and Riot platform – is also based on the US.
Magazine: Bitcoin miners are ourselled after electric robbery, replace ‘closing’ scam: Asia Express
