Today is a Monday MARAThe largest Bitcoin mining company publicly traded announced that it would be launching three new data centres in the U.S.
If Harris had won, would it have announced such a thing? Probably. These data centers weren’t built overnight.
Would they have announced with the same vigor, stressing that the Bitcoins the company will mine are 100% secure? “Made In USA”? Most likely not.
American computation power is increasing. Today, we’re announcing:
Three new data centres.
Ownership and operation in Ohio.
The capacity of the -372 Megawatt generator is 372 megawatts.#Bitcoin Made in USA pic.twitter.com/ltDbhKrCHJ— MARA (@MARAHoldings) November 11, 2024
You can also find out more about the following: “Made In USA” Line is probably a wink to Donald Trump who has said that he would like all future bitcoin mined in the United States.
Stocks of bitcoin mining companies have increased dramatically since Trump was elected. CleanSpark (CLSK) even being halted Due to the rapid price rise, not only investors but also miners believe Bitcoin mining in the U.S. is welcomed and will flourish as a consequence.
Alex Leishman is the CEO and CTO at a Bitcoin exchange. RiverAlso, believes that Trump’s administration will treat Bitcoin businesses well (and Bitcoin owners).
Bitcoin’s major risks have either been eliminated or significantly reduced this year.
– Federal Ban / Chokepoint / (under Trump, this will be much less likely).
– Coin dumping at Gox (coins are already in circulation)
Ban on self-contained children (less likely now that Trump is president)— Alexander Leishman 🇺🇸 (@Leishman) November 11, 2024
Leishman seems to refer in this tweet to Trump’s promise made during his inauguration. keynote speech at Bitcoin 2024 Protecting the right of self-custody, and stopping the Federal bureaucracy’s illegal crackdown on Bitcoin and the crypto industry.
Will Trump fulfill all his promises? It’s hard to say.
The Bitcoin/cryptolobby and money talk makes it likely that he’ll do so. raised millions for Trump’s campaign.
For the moment, however, there is a lot of optimism, which comes as a welcome change after the four-year Biden Administration, during which Bitcoin and cryptocurrency companies felt uneasy regarding their position in the U.S.
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Source: bitcoinmagazine.com
