In a tale as old as time, the United States Customs and Border Protection, like a grumpy old guard, has finally decided to let loose some of the Chinese-made Bitcoin mining rigs it had been detaining. Months of imprisonment, and now, freedom!
Taras Kulyk, the CEO of Synteq Digital, whispered to Reuters that “Thousands of units have been released,” amidst the grand seizure of 10,000 miners at various ports. One can almost hear the miners’ sighs of relief. 🐉🚀
Seems like the CBP officials were playing a game of ‘hide and seek’ with the rigs, all because they harbored a secret dislike for Bitcoin mining. Who knew bureaucracy could be so creative? 😒
This saga is but a chapter in the ongoing saga of U.S.-China tensions, where poor Bitmain’s Antminer rigs got tangled in the web of semiconductor technology drama. And all because Sophgo, their chip supplier, took a dip in the hot waters of the U.S. Department of Commerce’s disfavor.
Last October, the officials flagged some chips inside a Huawei AI processor, which was as surprising as finding a spider in your soup—nobody expects it, but there it is. 🕷️🍲
Sophgo denied any sneaky connections with Huawei, but the Federal Communications Commission reportedly pushed for the seizures anyway, claiming the Antminer models could be little rule-breakers. Naughty miners! 🙊
But fear not, for only a sprinkle of the detained miners have seen the light of day. Ethan Vera, Luxor Technology’s COO, confirmed the reports but noted it’s just a “minority” getting their freedom. Such generosity!
Authorities, ever the worrywarts, raised an eyebrow about the radio frequency emissions from the mining rigs. Last month, crypto.news reported that the CBP had expanded its collection to other Chinese manufacturers, because why stop at one party? 🎉
Both Vera and Kulyk, however, brushed these claims off like dandruff from a winter coat. Snow problem! ❄️
As the U.S. government tightens its grip on Chinese imports like a python, Bitmain is trying to outsmart the system by expanding its production line in the U.S. Clever girl! 🐍🔧
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2025-03-06 10:40