Interesting Request from Trump Regarding Bitcoin.
US president Trump met with crypto miners in the country as part of his election campaign and pledged his support. Former President Trump attended an important meeting held at Mar-a-Lago yesterday, attended by important names in the crypto mining industry.
#Trump met with executives of #Bitcoin mining companies CleanSpark and Riot Platforms. It was reported that Trump was enthusiastic about promoting Bitcoin mining during the meeting, and he promised to be an advocate for miners in the White House if elected.
Trump, a former Bitcoin opponent, changed his mind to gain support from the booming crypto industry as he began his election campaign. The former president, who also accepted crypto donations during his election campaign, has attracted attention with his moderate attitudes towards the crypto industry in recent months. Trump said crypto miners have an important role in balancing energy grids.
“I want all remaining #Bitcoins to be produced in the USA”
Trump, who had previously openly stated that he did not support Bitcoin, seeing it as a threat to dollar dominance, continued to enthusiastically express that he would be a pro-crypto president, saying at yesterday's meeting, "We want all the remaining Bitcoins to be produced in the USA. This will help us be dominant in energy." did.
On the other hand, Trump said that his rival Biden was anti-crypto and also criticized his policies towards the sector. Trump even claimed that #Biden did not understand cryptocurrencies.
Meanwhile, earlier this year the US Energy Information Administration began collecting data on how much electricity crypto mining uses. However, while this initiative attracted reaction, data collection activity was stopped by court order.
On the other hand, the Biden administration continues its efforts to regulate crypto assets within the scope of environmental sustainability. In this context, the US Treasury Department proposed a 30% tax on the electricity used by crypto mining companies in its 2025 Fiscal Year Revenue Proposals.
