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Author: David Pan, Bloomberg; Compiled by: Wuzhu, Bitchain Vision
Matthew Schultz, executive chairman of crypto mining company CleanSpark Inc., said DonaldTrump(Donald Trump) Tuesday night at Mar-LagoTell attendees that he loves and understands cryptocurrencies, adding that Bitcoin miners help stabilize the energy supply to the grid.Schultz added,Trump says he will speak for miners at the White House.
In recent weeks, the former president has increasingly emphasized on his campaign that bitcoin and other digital assets are a way to attract new voters.He listened to Elon Musk’s advice and promised to reduce the sentence of Silk Road founder Ross Ublich at a recent Liberal convention.His campaign now also accepts cryptocurrency donations.
According to a post on X , Riot Platforms Inc. CEO and Director Jason Les also met with Trump at Mar-a-Lago.
The meeting comes as crypto miners are being strongly opposed by a range of issues such as climate change and its impact on local power grids.
Democrats have been leading the way to strengthen scrutiny of Bitcoin miners’ energy consumption and carbon emissions, and Texas Sen. Ted Cruz has been a high-profile supporter of the industry.
at the same time,The crypto industry is working to support candidates deemed to support digital assets, including through increasing donations to the Fairshake Political Action Committee.
Since 2021, the United States has become the center of Bitcoin mining.This energy-consuming process involves using power-consuming computers to verify crypto transactions on the Bitcoin blockchain and receive rewards in the form of tokens.
