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The U.S. government was initially unbothered by the Bitcoin mine in Wyoming, but things changed when Microsoft submitted a report to the Committee on Foreign Investment in August 2022.
The Pentagon and tech giant Microsoft are sounding alarms over a Bitcoin mining operation in Wyoming. Chinese nationals own this particular Bitcoin mine that…
Bitcoin mining operations in the United States, owned by Chinese entities, are currently under investigation for potential issues that could threaten national security, according to the New York Times (NYT).
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.