White House withdraws Chinese company from strategic missile base

US President Joe Biden on Monday ordered Chinese company MineOne Partners Limited to sell land it owns near a US Air Force base and where it intended to build a digital currency “mine”.

The company has 120 days to sell an asset it owns near Warren Air Force Base in Cheyenne, Wyoming, which it acquired in 2022, as well as near Microsoft facilities where it has joint operations with the Pentagon.

It is a strategic missile base housing LGM-30G Minuteman III intercontinental ballistic missiles.

“The proximity of foreign-owned lands to a strategic missile base and a key element of the U.S. nuclear triangle, as well as the presence of specialized foreign groups with the potential to conduct surveillance and espionage activities, pose a risk to the United States. national security,” the White House said in a statement.

My cryptocurrency consists of large containers placed on the ground filled with computers that put high pressure on the electrical grid.

According to an investigation by The New York Times, in the United States, Chinese investors are mining cryptocurrency in at least a dozen states, which use the combined power of 1.5 million homes.

The White House decision followed an appeal from the Committee on Foreign Investment in the United States. [CFIUS, na sila em Inglês]which assessed the risk associated with both physical proximity to the airbase and the presence of IT equipment.

“The proximity of a foreign cryptocurrency mining company to a strategic missile site, a key element of the U.S. nuclear force, poses a significant national security risk, prompting CFIUS to flag” the deal at the White House, the Treasury Department detailed. in his own statement.