Washington Targets Chinese Mining Hardware in U.S. Bitcoin Mining Push

A reported U.S. move to reduce reliance on China-made machines points to growing scrutiny of the hardware supply chain behind Bitcoin mining.

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Terms & Concepts
  • Bitcoin mining: The process of using specialized computers to validate blockchain transactions and earn newly issued Bitcoin rewards.
  • Mining hardware: Specialized machines, often application-specific devices, built to perform the intensive computations required for cryptocurrency mining.