Recently, an eye-catching law enforcement action occurred at the Lonestar Dream Bitcoin Mining Farm in Pyote, Texas. Multiple federal agencies, including the FBI and the Department of Homeland Security, conducted a raid on the mining farm and took away more than ten people.

The focus of this operation is the ASIC repair center operated by ADW Tech, which is believed to have connections with Bitmain. The individuals taken away were mainly Chinese employees whose visas had expired. There seems to be a deeper meaning behind this incident.

Since the end of last year, U.S. Customs has begun to detain imported ASIC Mining Farm machines. The recent direct on-site capture actions indicate that the U.S. government may be taking measures against mining companies with Chinese backgrounds. Industry insiders speculate that this may be related to the U.S. government's investigation into whether certain Chinese semiconductor companies have violated export controls. For example, Sophgo has recently attracted the attention of relevant authorities.

The cryptocurrency mining industry is undergoing a rapid transformation, evolving from a purely commercial activity into a part of the strategic game of major powers. The speed of this transformation is astonishing. Currently, mining companies operating in the United States are facing immense pressure, not only due to a significant increase in compliance costs but also because they must remain vigilant against potential investigations.

This event highlights the new challenges faced by the cryptocurrency industry while also reflecting the current complex international political and economic situation. As the situation develops, the industry will closely monitor the potential long-term impact of this event.