Will the American President Donald Trump 
Donald Trump Donald Trump is an American former presidential politician, businessman and media personality, who served as the 45th President of the US between 2017 until 2021. Trump earned a Bachelor of Science in Economics at the University of Pennsylvania in 1968. Trump won the presidential president of 2016 election as the Republican party candidate against the candidate of the Democratic party Hillary Clinton while losing the popular vote. As President, Trump ordered a travel ban on citizens from different countries of Muslim majority, led military financing to build a wall on the border between the US-Mexico and to implement a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential elections President Taking a policy to limit the impact of Bitcoin -mybouw on the environment? Not many experts think that the Trump administration will assume any policy against the importance of the Bitcoin mine industry. Trump made his position on this issue clear last year when he announced his intention to reclaim all remaining Bitcoin in the US. Now various anti-min activists, including Alex de Vries, have openly emerged, who have expressed their concern about the pro-BTC mining position of the new regime and its potential impact on the environment. Read on for more information!
Trump’s second term: Impact on the Bitcoin -my industry
Donald Trump’s victory in the American elections has had a positive influence on all main segments of the crypto industry, in particular the Bitcoin mine industry.
The primary reason for the excitement in the BTC mining industry is the old promise of Trump to support efforts to minimize all remaining BTC in the US.
The US currently arranges at least one third of the total Bitcoin mine industry in the world. The American BTC mining sector is confronted with serious criticism from environmental activists for the way in which it meets its electricity requirements. Activists want more difficult instructions to control the electricity consumption of the industry, and in particular they want the industry to be transparent about the sources from which it buys electricity.
According to a research report published by Cambridge UniversityThe Bitcoin network consumes at least 174 TWH somewhat surprisingly enough to the total energy consumption of certain well-performing African economies such as Egypt and South Africa.
On the day of the inauguration of Trump himself, he got the country from all the important climbing control obligations that were inked during the Joe Biden regime. In addition, Lee Zeldin, the new appointed leader of the US Environmental Protection Agency, clarified his liberal attitude on certain sensitive environmental problems such as carbon dioxide emissions.
These developments have of course created excitement on the BTC mining market, which suffered a lot due to the aggressive policy for environmental protection policy of the previous administration.
Experts about the impact of Trump GOVT on the American BTC mining industry
Express his concern about the impact of the Trump regime on the environment and climate change, anti-minmine activist and energy Analyst Alex de Vires Baats that the Trump government will probably use a liberal approach to the local Bitcoin mine industry.
Jackie Sawicky, a member of the National Coalition against Cryptomining, has greatly criticized the appointment of rarer as head of the EPA and said that “the US government has given the EPA that does not want to maintain environmental protection. ”
In the meantime, Compass Mining Chief Mining Officer Shanon Squires has appreciated the role of the US in the BTC mining industry, which emphasizes the dedication of the country for energy efficiency and environmental responsibility.
The Them of Research Wolfie Zhao explains how the dynamics of BTC -Mijnbouw is not influenced by Trump’s climate policy and has emphasized the connection between the energy consumption and the electricity costs of the mine market. He has also clarified why the industry is more attracted to renewable energy sources.
Future of BTC -Mijnbouw instructions under Trump
In 2022, Senator Edward Markey submitted a bill and proposed a policy to demand miners who consume more than 5 Megawatt electricity to make energy sources known.
Experts think that the Trump administration is less likely to assume a policy that the growth of the thriving local BTC mine industry can soon suppress.
Never miss a beat in the crypto world!
Continue to break up news, expert analysis and real -time updates on the latest trends in Bitcoin, Altcoins, Defi, NFTs and more.
