CRYPTO miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and ...
Reuters reported in October that Taiwan Semiconductor Manufacturing Company had suspended shipments to Bitmain’s AI affiliate Sophgo after a chip it made was found on a Huawei AI processor.
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Cryptopolitan on MSNUS crypto miners struggle with equipment delays because of TrumpTransaction fees on the Bitcoin network have also collapsed. Miners now earn just 1.2% of their total revenue from fees, down from a peak of 75% last year, ...
The sanctioned companies also include SophGo, a company accused of selling TSMC chips to Huawei. SophGo has issued a statement clarifying it has never had direct or indirect business ties with Huawei.
and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence processor. US blacklists Chinese companies over TSMC chips in Huawei processor January ...
The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips might end up in Huawei products, dodging sanctions. According to a ...
The seizures come after earlier concerns that some mining units contained AI chips sourced from Sophgo, a Chinese company that the U.S. has placed under trade restrictions. However, recent ...
The US Department of Commerce, under the Biden administration, also added Sophgo — an AI company with links to Bitmain — to its blacklist of foreign entities restricted from receiving US AI ...
Qilai Shen / Bloomberg / Getty Images Ren Zhengfei, a former officer of the People’s Liberation Army, founded Huawei (pronounced Wah-Way) in 1987. Since then, the Shenzhen, China-based company ...
U.S. mining companies are facing significant delays in receiving Bitcoin mining equipment from Bitmain due to tighter scrutiny from U.S. Customs and Border Protection (CBP). These delays, which ...
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