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Donald Trump supported Bitcoin miners

“We want all the remaining Bitcoin to be mined in the US”: Former US President Donald Trump publicly supported digital asset miners.

Donald Trump held a meeting with representatives of the cryptocurrency mining industry at his Mar-a-Lago residence.

Trump met with the heads of CleanSpark and Riot Platforms

The meeting with Donald Trump was attended by the executive chairman of CleanSpark Inc. Matthew Schultz, Riot Platforms CEO Jason Les and miner’s head of public policy Brian Morgenstern.

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

During his speech, the US presidential candidate noted that Bitcoin plays a huge role in stabilizing the energy system and declared support for this sector. Trump placed particular emphasis on dominance in the energy field and promised to promote crypto mining, especially if he returns to the White House.

“We want all remaining Bitcoin to be mined in the US. This will help us dominate in the energy sector,” Trump emphasized.

Recently, the environmental impact of mining and the strain that crypto miners place on local power grids has received increasing public attention. Trump’s support could significantly impact public political perceptions, potentially changing the overall picture around the industry.

In February, the US Energy Information Administration (EIA) published data on the amount of electricity used by miners. However, the initiative faced strong resistance, which even led to a court decision that temporarily stopped the collection of information.

In addition, the current President of the United States, Joe Biden, is taking decisive steps to regulate digital assets. He recently proposed taxing miners at 30%.

Trump, on the contrary, is increasingly interacting with the crypto community. His election campaign is already accepting donations in crypto, and the politician himself promises prosperity for the crypto industry. Recently, Trump even promised to pardon Ross Ulbricht, the founder of the darknet marketplace Silk Road.

Source: Cryptocurrency

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