ChainCatcher news reported by Jinshi states that as Trump prepares to fulfill a long list of campaign promises, the elected president vows to ensure that all remaining bitcoins are 'made in America,' which may become one of his most difficult promises to keep. Ethan Vera, COO of Luxor Technology in Seattle, described this as a typical Trump-style comment, but it does not align with reality.
Russian oligarchs and the Dubai royal family are some of the latest participants in the competition. Their ample funding and access to large amounts of electricity are driving them to join this profitable but energy-intensive process. It is expected that about 95% of the 21 million bitcoins that will eventually be created have already been minted, but according to the hard cap, the total production is expected to take about another 100 years.
Taras Kulyk, CEO of Synteq Digital, stated: 'Several different markets will see huge growth, with increased demand from Eastern European countries like Kazakhstan, and rising sales in Asia, Africa, and the Middle East.'
