Bitfarms CEO: Trump says it is impossible to make all remaining Bitcoins “MADE IN THE USA”

PANews reported on November 2 that according to Cointelegraph, Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, said that if Trump reduces red tape and increases support and investment in energy and power infrastructure, the United States will consolidate its position as the most competitive place for Bitcoin mining in the world, and it is absolutely possible and desirable for the United States to become the number one country for Bitcoin mining. However, he admitted that due to the decentralized infrastructure of Bitcoin, one country cannot mine all Bitcoins, and it is impossible to have 100% of Bitcoin mined in the United States or another country, which fundamentally violates the core principles of Bitcoin founder Satoshi Nakamoto.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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