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Bitfarms CEO: Trump’s Assertion That Remaining Bitcoin Should Be "MADE IN THE USA" Is Impossible to Achieve

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Nov 2, 2024

Ben Gagnon, the CEO of cryptocurrency mining company Bitfarms, stated that $Trump's claim to make the remaining Bitcoin "MADE IN THE USA" is not feasible. He believes that if $Trump reduces red tape and increases support and investment in energy and power infrastructure, the United States will solidify its position as the most competitive place for global Bitcoin mining. However, it is impossible for a single country to mine all Bitcoin; making Bitcoin 100% mined in the USA or any other country contradicts the core principles established by Bitcoin's creator, Satoshi Nakamoto.

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