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Trump’s Bitcoin Manufacturing Pledge Faces Experts’ Concerns: Key Practical Challenges Uncovered
Donald Trump is pushing for all Bitcoin to be mined in the United States, claiming it will help the country achieve energy dominance. Currently, less than half of Bitcoin mining’s computational power comes from the U.S., with heavy competition from countries like China and Russia, which benefit from lower energy costs. Experts express skepticism about…
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Trump’s Bitcoin Manufacturing Pledge Faces Experts’ Concerns: Key Practical Challenges Uncovered
Former President Trump is pushing for all Bitcoin production to take place in the United States, aiming to establish energy dominance. Despite this ambition, experts express concerns about the practical challenges involved, including tough competition from countries like China and Russia, which currently dominate Bitcoin mining. Presently, less than half of Bitcoin mining power is…
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KULR Invests $21 Million in Bitcoin to Strengthen Treasury Strategy and Boost Financial Growth
KULR Technology Group has made headlines by investing $21 million in Bitcoin, purchasing 217.18 BTC at an average price of $96,556.53 each. This move is part of their newly announced Treasury strategy, which allocates up to 90% of their surplus cash to Bitcoin. The company plans to continue purchasing Bitcoin over time. KULR has chosen…