Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
FCC and CBP Freeze Bitmain Antminer Imports Amid Scrutiny: Report

FCC and CBP Freeze Bitmain Antminer Imports Amid Scrutiny: Report

CryptoNewsCryptoNews2024/11/26 02:33
By:Hongji Feng
Last updated:
November 25, 2024 16:03 EST

The U.S. Customs and Border Protection (CBP) has reportedly been instructed by the Federal Communications Commission (FCC) to detain shipments of Bitmain Antminer units at ports across the country.

According to a November 25 report by Blockspace Media , the CBP specifically targets shipments of Bitmain’s newest application-specific integrated circuit (ASIC) miners, the Antminer S21 and T21, while other manufacturers such as MicroBT and Canaan remain unaffected.

FCC’s Investigation Linked to Sophgo Chip Used in Bitmain Devices

The detentions, which have persisted for months in some cases, affect major ports, including locations such as San Francisco and Detroit. Multiple Bitcoin mining companies have reported long delays and uncertainty regarding when the shipments will be released.

Sources indicated that the FCC’s directive may be linked to investigating the components used in Bitmain’s ASIC miners, specifically the Sophgo CV1835 chip.

US CUSTOMS FREEZES BITMAIN ASIC SHIPMENTS, SPECULATION RISES

So, US Customs has been holding onto Bitmain's Antminer S21 and T21 ASICs for up to two months now, with some US miners paying insane daily fees over $200k.

The delay’s got some people wondering if it’s all tied to… pic.twitter.com/nBuVRHDyFr

— IBC Group Official (@ibcgroupio) November 25, 2024

“CBP holds extending beyond 30 days with no clear requests of the Importer of Record (IOR) are beyond usual service standards and extremely rare,” one source stated, according to the report.

Sophgo is currently under scrutiny for its alleged ties to Huawei , which has faced U.S. sanctions since 2019. However, based on the report, no official confirmation connects the delays to this investigation.

Companies Face Mounting Costs Amid Prolonged Shipment Holds

Some affected companies have raised concerns about the lack of communication from the CBP and FCC. They report being charged substantial storage fees, with one firm accumulating over $200,000 while awaiting resolution for the 200 units.

Industry insiders have suggested that the FCC and CBP may inspect the detained units for any use of restricted hardware. Bitmain has used a variety of suppliers for its components, meaning not all units in the affected models necessarily contain the Sophgo chips in question.

“It’s worth noting that Bitmain sources control boards from a variety of vendors, so just because a Bitmain used the CV1835 chip for some models, it does not mean that every unit of that model houses the chip in question,” the report read.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

New spot margin trading pair — CROSS/USDT, TAC/USDT!

Bitget Announcement2025/07/16 08:07

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40