Saw a post about US Customs seizing a lot of BTC miners. Apparently, they're targeting machines using Sophgo chips because of the Huawei connection. It's not just Bitmain anymore, Canaan and MicroBT are getting caught up too.
US Customs Seizing Bitcoin Miners: What's Going On?
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Wow, so the Bitcoin reserve situation is even worse than I thought. If this keeps up, miners will just relocate again like they did with China. History repeats itself, right?
I guess it's all about saving costs on chips. Bitmain might have swapped out their usual chips for these cheaper Sophgo ones. Just go back to using Xilinx or something safe. Canaan has its own Kendric chip, so they might be in a better spot.
Can someone explain why these ASIC miners are getting targeted? They're designed for SHA-256, right? How can they even run AI stuff?
Not that they're running AI, but the chips can be used for it. Canaan's Kendric chip is built for AI applications, so that's probably why they're being flagged.
What’s up with the FCC getting involved? All miners should have a certification ID, right? If they don’t, it’s a problem.
Can’t believe we're in a situation where the government might take over Bitcoin wallets like el-Chivo. Sounds crazy.
Honestly, the future of crypto in the US looks bleak. Feels like a coin graveyard. Promises are falling apart and there’s been huge rug pulls. Why would anyone still have hope?
orbit_2009Member
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#9Jun 19, 2020, 02:10 PM
Let’s keep it on topic. Just a reminder, these seizures started before the election. So, it’s not all about the current administration.
For sure, but the FCC seems to be cracking down on EMI compliance now. Bitmain's models with RISC chips are definitely in the spotlight.
Is Operation Chokepoint back? Remember when Biden tried taxing miners? This new crackdown won’t work either.
Some MicroBT miners are made in Missouri, but they still need FCC certification. It’s about time we had domestic suppliers.
orbit_2009Member
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#13Jun 19, 2020, 08:17 PM
Future of crypto is uncertain, but this might push miners to relocate and strengthen Bitcoin’s global standing. Different states have different rules, which makes things messy.
Yeah, but the US has some decent regulations compared to other countries. I think it’s still a good place for mining.
orbit_2009Member
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#15Jun 20, 2020, 05:08 AM
This whole situation could be fixed if they just get tested and redesigned if necessary. Simple as that.
The articles don’t mention environmental issues, right? Just the FCC looking into banned chips from Sophgo.
orbit_2009Member
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#17Jun 20, 2020, 09:56 PM
It’s not about the environment, it’s about radio frequency emissions. All devices have to pass FCC certification.
Most miners are compliant, but they still need proof of that certification to avoid issues.
So if the FCC finds miners without banned chips, they should be released, right? But still, the scrutiny is intense.
Just because of a few chips, all miners are getting held up. Seems a bit extreme.