Get the latest tech news

Following Wyoming Example, Feds Limit Foreign Crypto Mines Near Military Bases


The U.S. Department of Treasury has moved to limit businesses like foreign-owned crypto mines near sensitive locations. The change follows the forced…

In May, President Joe Biden issued an executive order forcing the company to immediately cease operations, remove all of its equipment, and transfer its ownership to an approved buyer. The MineOne Chinese bitcoin operation ordered by President Joe Biden in early May to shut down and sell off is staging to clear out with large turcks and storage pods at the site, which is about a mile from F.E. CleanSpark CEO Zack Bradford has said he expects the plant to have close to 40 jobs, and that it will be staffed in three shifts, so will have employees on site monitoring things around the clock.

Get the Android app

Or read this on Hacker News

Read more on:

Photo of military bases

military bases

Photo of foreign crypto mines

foreign crypto mines

Photo of wyoming example

wyoming example

Related news:

News photo

U.S. lawmakers request probe into Chinese router manufacturer TP-Link — letter cites cybersecurity vulnerabilities with TP-Link routers | TP-Link reported to be in used in military bases, Department of Defense staff

News photo

Counterfeit Cisco Devices Discovered in US Military Combat Zones

News photo

Lasers Could Soon Power U.S. Military Bases—And Not Even Jamming Could Stop It