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Bitfarms CEO: Trump's Claim to Make All Remaining Bitcoins “MADE IN THE USA” Unrealized

Bitfarms CEO: Trump's Claim to Make All Remaining Bitcoins “MADE IN THE USA” Unrealized

Bitget2024/11/02 15:29

On November 2, Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, said that if Trump cuts red tape and increases support and investment in energy and power infrastructure, the U.S. will solidify its position as the most competitive place in the world for bitcoin mining, and that it is absolutely possible and desirable to make the U.S. the number one country for bitcoin mining. However, he acknowledged that while Trump has previously claimed that all of the remaining bitcoins are “MADE IN THE USA,” due to the decentralized nature of bitcoin's infrastructure, it is unlikely that the remaining bitcoin mining will take place in a single country, and that having 100 percent of bitcoins mined in the U.S., or in some other country, is not possible, and would be a fundamental violation of the principles of the Bitcoin founder, Satoshi Nakamoto's, “The Bitcoin Foundation. the core principles of Bitcoin founder Satoshi Nakamoto. (Cointelegraph)

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