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U.S. Pentagon officials are keeping close tabs on a Wyoming-based Bitcoin (CRYPTO: BTC) operation owned by Chinese interests amid fears of potential national security risks.
Microsoft reported one site in Wyoming because of its proximity to a data center and nuclear missile base. Records show other cryptocurrency facilities have ties to the Chinese state.
In an August 2022 report to the Committee on Foreign Investment, Microsoft warned the mine could allow the Chinese to 'pursue full-spectrum intelligence collection operations.'
U.S. national security agencies are taking steps to guard against possible intelligence collection efforts on military sites from Chinese bitcoin mining sites.
U.S. national security agencies are taking steps to guard against possible intelligence collection efforts on military sites from Chinese bitcoin mining sites in the U.S., The New York Times reported.