• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Increased Scrutiny and Delayed Bitmain Equipment Shipments in the U.S.

user avatar

by Giorgi Kostiuk

5 months ago


Crypto mining firms in the U.S. are facing delays in receiving Bitmain equipment. Increased customs scrutiny coupled with new tariffs complicates the situation.

Increased Scrutiny on Bitmain Shipments

Beijing-based Bitmain, a major supplier of specialized mining rigs, is facing heightened scrutiny from U.S. customs authorities. The increased attention amid trade tensions has led to shipment delays. According to Bloomberg, industry executives have observed more frequent inspections.

Shipment Delays

New York's Bit Digital reported delays on 700 of its rigs by a few weeks. In Oklahoma, 2,000 rigs are stuck due to customs procedures, according to a person familiar with the matter. Luxor Technology’s Ethan Vera noted that shipments labeled with 'Bitmain miner' are among those targeted. A new 10% tariff on Chinese imports initiated on February 1st adds to the cost of new machines, worsening the situation.

U.S. Customs has started randomly inspecting almost all of the airlifted Bitcoin mining machines since about three months ago.Nuo Xu, founder of China Digital Mining Association

Context of Bitmain's Issues and Future Plans

Bitmain's supply chain difficulties come amid pressure on its co-founder, Zhan Ketuan, from U.S. authorities over his AI company, Sophgo. The firm was blacklisted in January for allegedly aiding China's chip industry and working with Huawei. Some Bitmain executives were unhappy with the shift in focus away from mining hardware. Despite these challenges, Bitmain announced plans for a new U.S. facility in December, though the location remains undisclosed.

Heightened scrutiny by U.S. customs and new tariffs have posed new challenges for crypto mining companies that rely on Bitmain equipment. More careful planning of logistics and additional expenses may be needed in the near future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Jensen Huang's Wealth Grows, Closing in on Warren Buffett

chest

Jensen Huang, founder of Nvidia, has increased his wealth and is now just two billion dollars behind Warren Buffett.

user avatarGiorgi Kostiuk

Latest News in Meme Coins: Exploring Arctic Pablo Coin, Dogwifhat, and Brett

chest

An overview of recent developments in Arctic Pablo Coin, Dogwifhat, and Brett, focusing on market potential and insights.

user avatarGiorgi Kostiuk

Market Overview of Meme Coins: Arctic Pablo Coin, Brett, and Official Trump Coin

chest

Exploring the latest news on Arctic Pablo Coin, Brett, and Official Trump Coin, including developments and market metrics.

user avatarGiorgi Kostiuk

Whale Activity Drives XRP to New Price Heights

chest

Ripple's XRP reaches a seven-week high at $2.44 as whales accumulate significant amounts.

user avatarGiorgi Kostiuk

Coinbase Announces Support for Pump.Fun's $PUMP ICO

chest

Coinbase reveals its support for Pump.Fun's $PUMP ICO scheduled for July 12, 2025, across several exchanges.

user avatarGiorgi Kostiuk

DeFi Dev Corp. Significantly Increases Solana Holdings, Leading Market Trends

chest

DeFi Dev Corp. has acquired 153,225 SOL, becoming the largest public holder. This highlights confidence in the Solana ecosystem.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.