LeadStory

Bloomberg

Chinese maker of Bitcoin-mining machines may be a security threat

Bloomberg · Just In
Bloomberg
Bloomberg
Just In

Bloomberg News reports that a Chinese manufacturer, Bitmain Technologies Ltd, that sells most of the world's Bitcoin-mining machines, including 16,000 of them to a venture backed by two of President Donald Trump's sons, has been the focus of a months-long federal investigation to assess whether its products pose risks to US national security.

Breakdown
  • US agencies see security risks in Chinese Bitcoin-mining machines 5s
  • Concerns include intelligence collection and power grid sabotage 16s
  • Machines are widespread in US data centers, raising policy challenges 40s
  • Senate Intelligence Committee calls the threat 'egregious' 1m 46s
  • Authorities may restrict such hardware near sensitive facilities 2m 13s