Express

U.S. needs to mine more bitcoins due to national security reasons, Miami mayor says

Sara Zhang

Summary: Speaking to cryptocurrency journalist Laura Shin, Miami Mayor Francis Suarez has said the United States should mine more bitcoin due to national security reasons since 90% of the activity is done outside the country. According to the mayor, the U.S. led by Miami can be a mining hub due to the availability of enough resources. ...

Speaking to cryptocurrency journalist Laura Shin, Miami Mayor Francis Suarez has said the United States should mine more bitcoin due to national security reasons since 90% of the activity is done outside the country.

According to the mayor, the U.S. led by Miami can be a mining hub due to the availability of enough resources. He added that more mining in the U.S. would primarily benefit the cryptocurrency community because of clean energy like unlimited nuclear power. 

by Sara Zhang

Last Update:

Tags: ,
Link: U.S. needs to mine more bitcoins due to national security reasons, Miami mayor says   [Copy]
  • The Bitcoin Halving is Complete! What’s Next? 5 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 8 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 13 days ago
  • The Value of Web3 Social, Explained 13 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 27 days ago
  • You need to login to comment.