Crisis Over? U.S. CBP & Bitcoin ASIC Importation

Seized machines from Bitcoin miners are slowly being released. Is that the Trump affect or is more to come?

Feb 24, 2025

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Welcome back to The Mining Pod! Today, hosts Colin and Will dive into the ongoing saga of US Customs and Border Protection seizing Bitcoin mining hardware at various ports of entry. Initially targeting Antminer units in late 2024, the seizures expanded to include equipment from Whatsminer and Canaan, costing some companies millions in detained assets. The hosts explore how industry lobbying - particularly through Senator Lummis and connections to the Trump administration - has begun to resolve the situation, along with theories about why these unprecedented seizures occurred in the first place. Could this push more manufacturing onshore?

Notes:

- $5 million worth of hardware seized from one company

- Seizures expanded beyond Antminer to Whatsminer/Canaan

- Detentions began Sep 2024, escalated to seizures Feb 2025

- Shipments being released after industry lobbying

- Sen. Lummis and White House helped resolve situation

- CBP cited unauthorized communications equipment laws

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