According to the New York Times, Chinese-owned bitcoin mining operations in the United States are causing security concerns due to their proximity to important sites and the potential for cyber threats. The Crypto Times reports: There are some mining facilities close to critical sites such as Microsoft data center for Pentagon’s Air Force nuclear’s missile base in Wyoming USA. Officials in U.S. fear Chinese espionage activities at these places. These mining operations began after China banned bitcoin mining in 2021. These individuals sometimes maintain connections with the Chinese Communist Party or state-owned companies which may be kept concealed through multiple layers of companies.
Texas has turned out to be a haven for Chinese-linked Bitcoin mining, with some US states having restrictions but Texas offers incentives. This might pose a threat to the power grid or essential infrastructure. A new concern has recently been raised in a report related to a potential cyber strike on the US infrastructure by China in case a major conflict arose.
