MARA CEO: Bitcoin Mining Will Thrive Under Trump's Administration
Powered by ChatGPTDeep Tide TechFlow News: At the Bitcoin 2024 conference held in Nashville, MARA (formerly Marathon Digital Holdings) Chairman and CEO Fred Thiel stated that the main threats facing cryptocurrencies still come from energy policies and the banking industry.
Thiel predicted that under the $Trump administration, Bitcoin mining may thrive, while the direction of energy policies under a potential Kamala Harris administration remains unclear.
CEO of Riot Platforms, Jason Les, expressed doubts about the possibility of a pro-crypto policy under a Kamala Harris administration, believing that its policies may not deviate from the current government's anti-crypto stance.
With Biden's withdrawal from the 2024 presidential race, Vice President Kamala Harris is widely expected to be the frontrunner for the Democratic Party in 2024. Although Kamala Harris has not disclosed her stance on cryptocurrencies, investor Mark Cuban stated that her attitude towards the crypto industry is "far more open than commonly believed."
Meanwhile, former President $Trump continues to portray himself as the "crypto president," pledging to protect self-custody and the U.S. Bitcoin mining industry.