The post US Tracking Chinese Crypto Mining Near Military Bases! appeared first on Coinpedia Fintech News

US officials are reportedly monitoring certain cryptocurrency mining operations with links to China, including a site near a Microsoft facility in Wyoming that provides computing power to the Pentagon. The New York Times reports that many US-based Bitcoin centers can be traced back to the Chinese government, with concerns raised over operations in close proximity to military bases and other national security locations. The move follows the Chinese government’s ban on mining earlier this year, leading to many firms relocating to the US in crypto-friendly jurisdictions such as Texas and Wyoming.