Chinese-Owned Bitcoin Mines in US Raise National Security Concerns

Chinese-owned Bitcoin mines raising national security concerns in US, including one near a nuclear missile base in Wyoming.

Microsoft warned US government about Chinese mine's proximity to sensitive sites. Other officials also worried about grid stability threats.

Mines often shrouded in shell companies, but some linked to Chinese government, state-owned entities. Major equipment supplier Bitmain tied to Communist Party site.

Rapid expansion of Chinese mines in US as mining banned in China. Operations now in at least 12 states, using as much power as 1.5 million homes.

Texas embraces mines despite grid reliability risks and law banning adversaries from critical infrastructure. Chinese owners adapt messaging to local politics.