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Trump's Bitcoin Mining Pledge Faces Global Competition and Practical Challenges

Trump's call for all remaining Bitcoin to be mined in the US faces significant hurdles, as experts highlight global competition and Bitcoin's decentralized nature. Currently, US miners account for less than 50% of Bitcoin's computational power, with countries like China and Russia leading due to lower energy costs and regulatory advantages. As 95% of Bitcoin's total supply has already been mined, controlling future production remains a complex challenge.
Crypto Briefing
United States Dollar Core Scientific, Inc. MARA Holdings, Inc. CleanSpark, Inc. TeraWulf Inc. Riot Platforms, Inc. USA KAZ ETH CHN RUS Donald Trump Taras Kulyk Vladimir Putin Ethan Vera Show more
Finance & Economy, News Article
18:50 26.12.2024
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