U.S. Agencies Probe Bitmain Mining Equipment Over National Security Concerns

U.S. authorities conducted a multi-month investigation into Bitcoin mining hardware manufactured by China-based Bitmain over potential national security threats, according to a Bloomberg report published November 21. The inquiry, designated "Operation Red Sunset," involved the Department of Homeland Security and the National Security Council. Federal assessments identified concerns that the equipment could be exploited for surveillance or infrastructure disruption, while Bitmain denied any capability for remote operation.