The US Customs seized the Bitcoin Mining Rig, mistakenly took it as Huawei RF, and blocked TSMC, now fully released will benefit mining enterprises

The U.S. Customs mistakenly detained ASIC Mining Rigs as radio frequency devices, but the misunderstanding has been cleared up, bringing policy benefits to the U.S. mining industry. (Background: BTC Plunge Impact》Half of mainstream Mining Rigs face shutdown prices, BTC spot ETF investors Rekt $1.3 billion) (Background: Is it a Mining Rig or a heater?》Canaan Technology's household BTC Mining Rig is listed, showing its real profit potential?) Since September last year, U.S. Customs has detained a large number of Chinese-made BTC Mining Rigs at major ports, initially without a clear reason. It was later confirmed that the U.S. Federal Communications Commission (FCC) mistakenly classified ASIC Mining Rigs as radio frequency devices, leading to a large-scale detention. Now that the misunderstanding has been cleared up and import barriers have been lifted, the industry generally sees this as a major policy benefit for the U.S. mining industry. Customs mistakenly identified Mining Rigs as radio frequency devices, leading to the detention of thousands of units. Since September 2024, U.S. Customs and Border Protection (CBP) have detained thousands of Chinese-made BTC Mining Rigs at major U.S. ports, only releasing them gradually recently. This incident sparked market attention as there was no clear explanation for the detention at the time, causing concerns in the industry that the U.S. might impose stricter regulations on Chinese mining rigs. It was later confirmed that this detention action was carried out at the request of the U.S. Federal Communications Commission (FCC) due to a misunderstanding - the FCC mistakenly classified these ASIC Mining Rigs as "Radio Frequency Devices," leading to the customs interception of these goods. BTC mining company Luxor Technology's COO, Ethan Vera, said that they only discovered that Mining Rigs were mistakenly classified as radio frequency devices upon receiving a notification letter from CBP, leading importers to be required to submit FCC Form 740. This document is for devices with wireless communication capabilities, but ASIC Mining Rigs essentially only process electrical signals and are not involved in sending or receiving radio waves, making them unrelated to radio frequency devices. "This is a complete misunderstanding," Vera said. Previously involved in the Huawei chip case, the industry is concerned about the expansion of political risks. Initially, there were suspicions that this detention might be related to Sophgo, a chip design company under Bitmain, which was accused of violating U.S. sanctions by procuring TSMC chips through third parties and supplying them to Huawei's AI division. The U.S. Department of Commerce began investigating Sophgo in October 2024, prompting TSMC to urgently halt chip supplies to the company in mid-October and report the matter to the U.S. and Taiwanese governments. This raised concerns in the industry about U.S. import policies for Chinese Mining Rigs, with many fearing that the U.S. would expand its regulatory scope through this incident, further blocking Chinese ASIC Mining Rigs from entering the U.S. market and causing supply chain disruptions. Vera believes that although the U.S.-China trade war may still affect some parts of the supply chain, major disruptions in the ASIC supply chain are unlikely. The current situation is stabilizing, with many BTC Mining Rigs imported into the U.S. coming from Southeast Asia rather than China. He stated that a broader trade war could have chain effects, but is unlikely to cause significant disruption in the short term, further prompting manufacturers to expand local assembly capabilities. With the removal of import barriers, the U.S. mining industry is seeing policy benefits. Experts point out that as policy risks drop, the U.S. will continue to attract miners and gain a more advantageous position in the global BTC Computing Power competition. In addition, the U.S. government has officially signed the "BTC Reserve Act," indicating a shift towards a positive attitude towards the encryption industry, further consolidating the development prospects of the U.S. mining industry.