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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    What Is Crypto Arbitrage and How to Use It in Trading?

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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  • Home
  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

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    DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

    NFT market rebounds in July, surpassing DeFi in user activity

    NFT market rebounds in July, surpassing DeFi in user activity

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    La Poste launches a new collection of NFT stamps

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    Telegram NFT Gifts Hit $49M in Sales with 322K Wallets Active

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    Bored Ape minter finally sells after 92% fall from peak

    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

    CryptoPunks and Pudgy Penguins Draw Major Sales

    CryptoPunks and Pudgy Penguins Draw Major Sales

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

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    How NFT Collectibles Bounced Back with Multi-Million Sales

    How NFT Collectibles Bounced Back with Multi-Million Sales

    NFT Market Movers: The Top Performing Collections in August 2025

    NFT Market Movers: The Top Performing Collections in August 2025

    CodexField and Salvo Unite to Tokenize Game Code

    CodexField and Salvo Unite to Tokenize Game Code

    VitaminAi and WildGo Partner to Unveil Web3 Pinball Game

    VitaminAi and WildGo Partner to Unveil Web3 Pinball Game

    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    Blockchain Bookmakers: A New Era of Fair and Secure

    Blockchain Bookmakers: A New Era of Fair and Secure

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    LFG Boosts Token Launches with Community Power

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    Polyhedra Network launches Proof Cloud in open beta

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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Trump vows to make US a Bitcoin mining powerhouse if re-elected

June 12, 2024
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Trump vows to make US a Bitcoin mining powerhouse if re-elected
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Former US President Donald Trump has shifted his attention to Bitcoin miners in his drive towards embracing the crypto industry.

READ ALSO

Ethiopia’s electricity regulator announces plans to push out crypto miners

Bitcoin’s Difficulty Smashes Records, Making Rewards Tougher Than Ever

In a June 12 post on Truth Social, Trump expressed support for Bitcoin mining, highlighting its potential to bolster energy dominance. He pledged to support these technologies, especially if he is re-elected as US president. He wrote:

“Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”

This statement follows a recent meeting on June 11 with several prominent US Bitcoin miners, including representatives from CleanSpark, Riot Platforms, and Marathon Digital.

Matthew Schultz, the Executive Chairman of CleanSpark, claimed that Trump has a proper understanding of the sector. He reportedly said:

“President Trump will protect your right to own Bitcoin, to mine Bitcoin, to transact with Bitcoin, and for many of us, to work in the Bitcoin industry.”

David Bailey, CEO of Bitcoin Magazine, another attendee, described the meeting as “a historic moment in our journey towards hyperbitcoinization.” He added:

“The former and next President of the United States gathered America’s hashrate and committed to championing our cause in DC and on the global stage. Bitcoin will THRIVE in the US.”

These developments come as crypto miners face increased scrutiny over their environmental impact and the strain on local power grids. Earlier in the year, US authorities attempted to collect data about crypto miners’ energy consumption rate but were met with stiff opposition from stakeholders in the sector. Trump’s support for the sector has the potential to influence political perceptions about how it operates.

See also  This Bitcoin halving could lead to greater mining power centralization: Bitfinex analyst

Meanwhile, the former president’s support for cryptocurrencies seems to be boosting his election chances. On Polymarket, a leading crypto-based prediction platform, Trump holds a 56% probability of winning, while Joe Biden’s chances have dropped to 35%.

The post Trump vows to make US a Bitcoin mining powerhouse if re-elected appeared first on CryptoSlate.

Tags: BitcoinMiningPowerhousereelectedTrumpVows

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