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American Bitcoin CEO Ho Pushes Back on National Security Concerns Over Bitmain Hardware

Bloomberg•Wednesday, September 17, 2025 at 6:27:06 PM
PositiveFinancial Markets
American Bitcoin CEO Ho Pushes Back on National Security Concerns Over Bitmain Hardware
Michael Ho, the CEO of American Bitcoin, has addressed national security concerns regarding Bitmain's mining hardware, asserting that the equipment is specifically designed for Bitcoin computations. He emphasized that despite existing U.S. tariffs, Bitmain's latest 3-nanometer chips are still the most efficient and cost-effective option for miners. This is significant as it highlights the ongoing debate about the intersection of technology and national security, while also showcasing the resilience of the cryptocurrency mining industry.
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