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Bitmain Antminer deliveries held at US ports by customs agency

US miners are waiting for their miners but a branch of Homeland Security won’t let them take them.

The United States  Customs and Border Protection Agency (CBP) is holding up the delivery of some Bitmain Antminer application-specific integrated circuits (ASICs) at US ports of entry. Some US miners have been waiting for their Chinese mining equipment for two months already, according to a report.

Seven unnamed US Bitcoin mining companies have reported problems with their shipments, Blockspace reported on Nov. 25. The ASICs are being held at several ports of entry and some ASICs have been held for two months already.

Bitmain Antminer S21 and T21 series ASICs — the latest models — are subject to the delivery freeze. The mining companies affected by the freeze said the CBP, an enforcement branch of the Department of Homeland Security, was acting on a request of the US Federal Communications Commission Agency.

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Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining RigsThe Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio will continue to decrease as the company has discontinued new loan […]

Analyst Issues $80,000 Bitcoin Price Warning As Crypto Markets Retreat