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Bitfarms CEO: Trump says it is impossible to make the remaining BTC "MADE IN THE USA"
2024-11-02 13:51
Odaily News Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, said that if Trump reduces red tape and increases support and investment in energy and power infrastructure, the United States will consolidate its position as the most competitive place for Bitcoin mining in the world, and it is absolutely possible and desirable for the United States to become the number one country for Bitcoin mining. However, he admitted that due to the decentralized infrastructure of Bitcoin, the remaining Bitcoin mining cannot be achieved in one country. It is impossible to have 100% of Bitcoin mined in the United States or another country, and it fundamentally violates the core principles of Bitcoin founder Satoshi Nakamoto. (Cointelegraph)