Bloomberg reported that U.S. Republican presidential candidate Trump met with a number of Bitcoin miners and mining industry figures at his Mar-a-Lago estate and pledged to publicly advocate, support and protect Bitcoin mining in Washington, D.C. and the White House, claiming that miners Helping maintain the stability of the energy grid and reinforcing its support for cryptocurrency.
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ToggleTrump pledges to protect Bitcoin miners
As part of his campaign, Trump met with several well-known American Bitcoin miners yesterday (11) evening and expressed his support for Bitcoin mining during the meeting.
The report wrote that he promised attendees that he would advocate Bitcoin mining in the White House and said that miners would help stabilize the energy grid.
It is reported that the participants included CleanSpark , Riot Platforms , Marathon Digital and other large miners listed on Nasdaq, as well as CEOs and related executives of media such as Bitcoin Magazine . Most of the representatives posted on social media X Photo with Trump.
Among them, Riot Platforms, which is currently in the process of acquiring another miner Bitfarms , its CEO Jason Les also mentioned in a tweet the promises made by Trump during the talks:
President Trump will protect the right of all to own, mine, and transact with Bitcoin, as well as the right of many of us to work in the Bitcoin industry.
S Matthew Schultz, co-founder of CleanSpark, also expressed optimism :
I just met a guy who is a huge fan of Bitcoin and loves what we do.
Trump: Bitcoin is the last line of defense against CBDC
After the meeting, Trump also posted on his own social platform, Truth Social, criticizing his rival Biden for his hostile attitude towards Bitcoin:
Bitcoin mining may be our last line of defense against CBDC, I hope all the remaining Bitcoins are mined in the United States, this will help us become an energy dominant nation!
He added , "Democrats, including Biden, are more inclined to design government-led solutions."
The electoral battle over crypto
As the U.S. election in November approaches, Trump's stance on cryptocurrency is quite clear. From accepting cryptocurrency donations to claiming to commute the sentence of the founder of Silk Road , he has shown his active support.
Reuters has previously reported that Trump’s fundraising event in Silicon Valley ultimately raised $12 million, attracting crypto industry figures including Gemini founders Cameron and Tyler Winklevoss.
However, it remains unclear whether he will ultimately fulfill his promise.
On the other hand, Democratic presidential candidate Biden’s attitude towards cryptocurrency has also changed . The Block claimed that his campaign team has been seeking advice and guidance on digital asset policies from members of the encryption industry since May.
Last month, Biden did indeed recruit talents for "internet meme page management partners" as his latest strategy to win over young voters and Generation Z votes.
