The proclamation comes after the former president convened a working group of the country's top bitcoin miners on Tuesday in Mar-a-Lago.
Many agreed that the former president was collaborative, had well-informed questions and seemed genuinely interested in how bitcoin miners could help solve America's energy deficit problem.Bitcoin and some other cryptocurrencies are created through a process known as proof-of-work, in which miners around the world run high-powered computers that collectively validate transactions and simultaneously create new tokens.
"Our industry intends to make bitcoin and crypto a defining issue for the 2024 election," Bailey said of the effort."As an industry we are committed to raising over $100 million and turning out more than 5,000,000 voters for the Trump reelection effort." Trump also expressed concern over the U.S. launching a central bank digital currency, or CBDC — that is, a digital coin issued by the Federal Reserve that could grant the government greater access to personal spending data.
Trump's pro-crypto campaign platform comes as polling data shows that crypto matters more to the voting public now than in past presidential elections. A Harris poll funded by the spot bitcoin ETF issuer Grayscale found that one in three U.S. voters will consider a candidate's crypto stance before casting a ballot.
"He walked around and shook hands with everyone in the room, talked about where they're from, and thanked us for being there," Schultz said of the meeting, adding,"He's smart as a whip. Not one note for that entire interaction."It was a no comms and no photographer policy at the mining roundtable on Tuesday.
Trump"actually believes that bitcoin provides value," said CleanSpark's executive chairman."I went there feeling like this is going to be a campaign rally; a highly politicized campaign rally."very knowledgeable on the subject" of bitcoin mining and that he understood the significance of the job creation that could come from supporting big data mining in the U.S.