Rajiv Khemani, co-founder and CEO of mining chip manufacturer Auradine, emphasized the importance of maximizing Bitcoin decentralization for national security. He highlighted the potential risks associated with third-party firmware updates, which could be exploited to compromise the energy grid or launch a 51% attack on the Bitcoin network. Khemani also discussed the supply-chain risk of specialized mining hardware being manufactured predominantly in a single jurisdiction, leading to potential restrictions on exports. He debunked claims of foreign crypto miners spying on US military bases through mining hardware, citing the lack of surveillance capabilities in such devices. Khemani advocated for policies promoting domestic manufacturing of ASIC hardware to prevent concentration of hash power and hardware supply in one country. The article also touched on concerns regarding hashrate concentration and mining pool centralization in the Bitcoin network. Read more AI-generated news on: https://app.chaingpt.org/news