Analysts at Bernstein, a research and brokerage firm, said that with the "Trump factor" following the attempted assassination, bitcoin miners are experiencing "just the right scenario". Gautam Chhugani and Mahika Sapra said in their report that bitcoin mining is facing an increased opportunity for pro-bitcoin political change. The United States has become the dominant center of mining and the production of the latest mining chips. Miners are valued for their leadership in power interconnection and become strong partners in AI data centers.
According to analysts, crypto markets interpreted Trump's victory as a "more positive" signal because of the Biden administration's regulatory crackdown on the industry, while Trump has made pro-bitcoin rhetoric in recent months, including promoting self-custody and bitcoin mining. (The Block)
Analysis: After Trump's Attack, Bitcoin Miners Have a Bright Future
2024-07-15 10:46:31
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