Bitmain Under Investigation: U.S. Probes Security Risks of Cryptocurrency Mining Hardware

The Department of Homeland Security (DHS) and the Senate Intelligence Committee are investigating Bitmain Technologies, a Chinese company producing cryptocurrency mining rigs, amid concerns over potential espionage capabilities. Authorities suspect that these devices, focused on Bitcoin mining using ASIC technology, could be vulnerable to remote manipulation for spying or disrupting critical infrastructure near sensitive U.S. locations, including power grids, military bases, and energy facilities. ]