Chinese Logistics Firm Airlifting Bitcoin Mining Machines to Maryland: Report

Chinese Logistics Firm Airlifting Bitcoin Mining Machines to Maryland: Report

A Chinese logistics firm is airlifting 3 metric tons (3.3 tons) of bitcoin mining machines to Maryland as the Chinese government cracks down on the industry.

Photos appearing to show the equipment packed up and ready to be airlifted were shared on Twitter Monday by CNBC's senior correspondent in Beijing, Eunice Yoon. Guangzhou-based Fenghua International told CNBC it is airlifting 3,000 kg (6,600 lbs) of machines to Maryland.

This weight of mining machines “would be about 200 units of S19,” Thomas Heller, chief business officer at Compass Mining, told CoinDesk. An Antminer S19 Pro weighs about 15.2 kg.