{"id":826864,"date":"2025-02-14T07:11:44","date_gmt":"2025-02-14T13:11:44","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/14\/us-customs-reportedly-stalling-bitcoin-miner-shipments-amid-crackdown\/"},"modified":"2025-02-14T07:11:44","modified_gmt":"2025-02-14T13:11:44","slug":"us-customs-reportedly-stalling-bitcoin-miner-shipments-amid-crackdown","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/14\/us-customs-reportedly-stalling-bitcoin-miner-shipments-amid-crackdown\/","title":{"rendered":"US customs reportedly stalling Bitcoin miner shipments amid crackdown"},"content":{"rendered":"
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\"US US customs reportedly stalling Bitcoin miner shipments amid crackdown<\/span> Gino Matos \u00b7<\/span> 16 hours ago<\/span> \u00b7 2 min read<\/span> <\/span> <\/span> <\/span> <\/span><\/p>\n

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Executives say the US Customs and Border Protection is targeting Bitmain-related shipments.<\/p>\n

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2 min read<\/span><\/p>\n

Updated:<\/span> Feb. 13, 2025 at 7:04 pm UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\"US<\/p>\n

Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n<\/div>\n<\/div>\n

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US-based crypto miners are facing delays in receiving ASIC mining hardware due to intensified scrutiny of shipments from China\u2019s Bitcoin, the dominant supplier of Bitcoin (BTC<\/a>) mining rigs.\u00a0<\/span><\/p>\n

As Bloomberg News reported, industry executives said shipments of Bitmain<\/a> machines have been held up due to increased scrutiny by US Customs and Border Protection (CBP).<\/span><\/p>\n

The timing aligns with the US Commerce Department\u2019s January blacklisting of Xiamen Sophgo Technologies Ltd., an AI firm affiliated with Bitmain, accused of furthering Beijing\u2019s ambitions in advanced chip production.<\/span><\/p>\n

The delays also come amid escalating trade tensions between the US and China. The latest seizures and import hold represent a notable escalation<\/a> from the CBP\u2019s detainment of Antminer S21 and T21 units last year.<\/span><\/p>\n

Mounting regulatory pressure<\/strong><\/h2>\n

Bitmain, which controls roughly 90% of the global market for specialized Bitcoin mining rigs, has been subject to US tariffs since 2018.\u00a0<\/span><\/p>\n

On Feb. 1, President Donald Trump announced an additional 10% levy on Chinese imports, further complicating the landscape for miners reliant on Bitmain\u2019s machines.<\/span><\/p>\n

Nuo Xu, founder of the China Digital Mining Association, said:<\/span><\/p>\n

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\u201cUS Customs has started randomly inspecting almost all airlifted Bitcoin mining machines since about three months ago.\u201d<\/strong><\/p>\n<\/blockquote>\n

He added that officers are scrutinizing machines more closely and demanding certificates of origin, further delaying shipments.<\/span><\/p>\n

A source familiar with the situation disclosed that an Oklahoma-based mining operation with 2,000 rigs has been significantly delayed due to stringent customs checks. Luxor<\/a> Technology COO\u00a0<\/span>Ethan Vera said shipments with Bitmain labels are among those targeted by customs.<\/span><\/p>\n

Taras Kulyk, CEO at Synteq Digital, a major mining hardware broker, said:<\/span><\/p>\n

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\u201cHeavier tariffs would essentially halt the importation of new-generation hardware into the US, making it completely cost-prohibitive. There will be a ton of projects that will cease construction because they wouldn\u2019t be able to get the hardware.\u201d<\/strong><\/p>\n<\/blockquote>\n

Impact on US mining<\/h2>\n

The fresh tariffs have already had a measurable impact on the US mining industry despite its remarkable growth in the past six months.<\/span><\/p>\n

According to CBP data compiled by TheMinerMag, the gross weight of imported Bitcoin mining rigs and accessories plummeted nearly 65% year-over-year in January 2025. <\/span>The inability to secure new equipment at competitive prices could undermine the long-term viability of US mining firms.<\/span><\/p>\n

New York-based Bit Digital<\/a> recently experienced a two-week delay on a shipment of 700 mining machines, a relatively minor setback, according to CEO Sam Tabar. However, others are facing steeper challenges.\u00a0<\/span><\/p>\n

The regulatory pressure also threatens Bitmain\u2019s domination, as competition from China-based MicroBT and California\u2019s Auradine is mounting.<\/span><\/p>\n

Vera warned:<\/span><\/p>\n

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\u201cI would expect any company buying Bitmain\u2019s machines is going to be at risk right now, including the public ones.\u201d<\/strong><\/p>\n<\/blockquote>\n

In an effort to deal with the current situation, Bitmain recently launched a domestic production line in the US to counter the import-related challenges for its machines. The rollout of the Antminer S21 Pro from the new US facility is expected to provide miners with a much-needed boost in efficiency and reduce operational uncertainty.<\/p>\n

Mentioned in this article<\/h6>\n
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\"Blocscale\"<\/a><\/p>\n<\/div>\n

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Read More<\/a>
\n Gino Matos<\/p>\n","protected":false},"excerpt":{"rendered":"

US customs reportedly stalling Bitcoin miner shipments amid crackdown Gino Matos \u00b7 16 hours ago \u00b7 2 min read Executives say the US Customs and Border Protection is targeting Bitmain-related shipments. 2 min read Updated: Feb. 13, 2025 at 7:04 pm UTC Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n","protected":false},"author":1,"featured_media":826865,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38369,52],"tags":[],"class_list":{"0":"post-826864","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-customs","8":"category-reportedly"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/826864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=826864"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/826864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/826865"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=826864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=826864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=826864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}