According to analysts at the brokerage company Bernstein, the “Goldilocks scenario” for miners in the US is becoming increasingly realistic. In addition, the “Trump factor” will also have a positive effect on the development of the industry.

Bernstein experts Gautam Chhugani and Mahika Sapra suggested that cryptocurrency mining stocks would show growth in the current environment and should be purchased.

“The ‘Goldilocks scenario’ for mining is becoming increasingly realistic: there is a greater chance of favorable political change, the US becomes the dominant center for Bitcoin mining and the development of the latest generation of chips, the industry gains recognition as an energy interconnector and becomes a reliable partner for AI data centers,” the analysts emphasized.

Other favorable factors for US miners include ample access to electricity and the possibility of investing in artificial intelligence. In addition, many members of the crypto community believe that if former US President Donald Trump were to take office again, his rule would be favorable for the industry.

Recall that over the past few months, the Republican candidate has repeatedly spoken out in support of Bitcoin and the crypto market at his campaign rallies and conferences. Trump also promised to support miners if he wins the upcoming elections.