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U.S. Customs intensifies efforts to seize Bitcoin mining ASIC equipment, affecting multiple manufacturers
According to Blockspace, U.S. Customs and Border Protection (CBP) has begun seizing Bitcoin mining #ASIC equipment including #MicroBT and #Canaan at the request of the Federal Communications Commission (FCC), expanding last year’s operation against #Antminer equipment. The devices, which the affected companies said were worth $5 million, were seized because they contained AI chips that were not approved by the FCC. Customs clearance issues have extended to multiple ports, with vendors such as #Bitmain , Canaan and MicroBT facing difficulties.
According to Blockspace, U.S. Customs and Border Protection (CBP) has begun seizing Bitcoin mining #ASIC equipment including #MicroBT and #Canaan at the request of the Federal Communications Commission (FCC), expanding last year’s operation against #Antminer equipment. The devices, which the affected companies said were worth $5 million, were seized because they contained AI chips that were not approved by the FCC. Customs clearance issues have extended to multiple ports, with vendors such as #Bitmain , Canaan and MicroBT facing difficulties.
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Australian regulator ASIC has charged former Mine Digital CEO Grant Colthup with $1.47 million fraud.
One of the exchange's customers did not receive his bitcoins after depositing AU$2.2 million, and the money was used to pay off the company's debts.
The case will be heard in December.
#asic #scam #newscrypto $BTC
One of the exchange's customers did not receive his bitcoins after depositing AU$2.2 million, and the money was used to pay off the company's debts.
The case will be heard in December.
#asic #scam #newscrypto $BTC
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⚡️ Miners vs Electricity in Abkhazia: Hot Times 🔥
In Abkhazia, the electricity shortage has reached a new level! Shocking reports indicate that neighbors are burning each other's ASIC miners due to the lack of energy 🏠💥. Yes, such stories are no longer just tales, but reality.
📜 The Parliament of Abkhazia has intensified measures — a bill has been passed for a complete ban on cryptocurrency mining. If finally adopted, criminal liability will threaten those who mine crypto. 🛑
⏳ Interestingly, the ban on mining has been in effect since 2018, but there were still loopholes — electricity could be used from private power plants. Now, it seems that they want to put a big and fat cross on crypto mining.
🧐 The situation looks like a real energy crisis — and it makes one wonder: how far are governments willing to go in the fight against unauthorized mining?
What do you think, friends? Are such methods of solving the problem justified? Or is this already going too far? 🧐
#CryptoNews
#MiningBan
#Abkhazia
#ASIC
In Abkhazia, the electricity shortage has reached a new level! Shocking reports indicate that neighbors are burning each other's ASIC miners due to the lack of energy 🏠💥. Yes, such stories are no longer just tales, but reality.
📜 The Parliament of Abkhazia has intensified measures — a bill has been passed for a complete ban on cryptocurrency mining. If finally adopted, criminal liability will threaten those who mine crypto. 🛑
⏳ Interestingly, the ban on mining has been in effect since 2018, but there were still loopholes — electricity could be used from private power plants. Now, it seems that they want to put a big and fat cross on crypto mining.
🧐 The situation looks like a real energy crisis — and it makes one wonder: how far are governments willing to go in the fight against unauthorized mining?
What do you think, friends? Are such methods of solving the problem justified? Or is this already going too far? 🧐
#CryptoNews
#MiningBan
#Abkhazia
#ASIC
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Top 3 Bitcoin Mining ASIC Machines for 2025 #asic #Binance #cheaper #ANTMINER
Bitmain AntMiner S19 Pro
The Bitmain Antminer S19 Pro stands out as the best choice for Bitcoin mining enthusiasts. Despite its higher price compared to other entries on our list, it offers an impressive 110 Th/s hash rate, making it a formidable player in the mining game.
Retail Price: $ 3.230
Hash rate: 110 thousand/s
Power consumption: 3250 W
Bitmain AntMiner S9
The S9, although known for its modest hash rate, ranks as one of the most cost-effective mining devices available today.
Price: A used Bitmain Antminer S9 costs US$ 246.
Hash rate: 14 thousand/s
Power consumption: 1323 W
Whatsminer M30S++
The Whatsminer M30S++ is rated as a leading powerhouse in the Bitcoin mining industry, enabling mining of Bitcoin and Bitcoin Cash with an impressive hash rate of 112TH/S. This machine is superior in terms of cost and energy usage compared to other options in our lineup, which may make it less suitable for those just starting out in mining.
Listing Price: Currently, a used Whatsminer M30S++ costs US$ 2,455 on Amazon.
Hash rate: 112TH/S
Power consumption: 3472 W
Bitmain AntMiner S19 Pro
The Bitmain Antminer S19 Pro stands out as the best choice for Bitcoin mining enthusiasts. Despite its higher price compared to other entries on our list, it offers an impressive 110 Th/s hash rate, making it a formidable player in the mining game.
Retail Price: $ 3.230
Hash rate: 110 thousand/s
Power consumption: 3250 W
Bitmain AntMiner S9
The S9, although known for its modest hash rate, ranks as one of the most cost-effective mining devices available today.
Price: A used Bitmain Antminer S9 costs US$ 246.
Hash rate: 14 thousand/s
Power consumption: 1323 W
Whatsminer M30S++
The Whatsminer M30S++ is rated as a leading powerhouse in the Bitcoin mining industry, enabling mining of Bitcoin and Bitcoin Cash with an impressive hash rate of 112TH/S. This machine is superior in terms of cost and energy usage compared to other options in our lineup, which may make it less suitable for those just starting out in mining.
Listing Price: Currently, a used Whatsminer M30S++ costs US$ 2,455 on Amazon.
Hash rate: 112TH/S
Power consumption: 3472 W
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Australia Compares Bitcoin to 'Prison Money', Sparking Controversy Over Crypto Regulation
In a recent meeting, Rhys Bollen, head of the digital assets division of the Australian Securities and Investments Commission (#ASIC ) made a controversial comparison, calling Bitcoin "like tobacco used as currency in prison." This statement came as ASIC is discussing the application of the Non-Cash Payment Facility (NCP) law to digital assets, provoking strong reactions from the crypto community.