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Coin Edition 2024-08-26 15:30:00

Trump’s Call for US Bitcoin Mining Hits China’s Bitmain Hard

Former President Donald Trump’s call for Bitcoin to be “mined, minted, and made” in the United States could significantly challenge the dominance of China-based Bitmain Technologies Ltd., according to a Bloomberg report. Bitmain, a leading manufacturer of Bitcoin mining equipment, currently controls an estimated 90% of the global market for mining rigs. However, increasing U.S.-China The post Trump’s Call for US Bitcoin Mining Hits China’s Bitmain Hard appeared first on Coin Edition .

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