A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors

Since then, US states like Texas and Washington have welcomed increased investment from across the world into their mining industry, though many question whether the benefits outweigh the inherent risks when it comes to a reliance on Chinese parts, investment or personnel. At the same time, inconsistencies in the tracking of cryptocurrency holes in OECD and US regulation may cause serious implications for banks, investors, and the global economy as we know it.