Bitfarms CEO: It is absolutely possible and desirable to make the United States the leading country for bitcoin mining
Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, said that it is absolutely possible and desirable to make the United States the number one country for bitcoin mining. He believes that if Trump reduces red tape and increases support and investment in energy and power infrastructure, the United States will solidify its position as the most competitive place in the world for bitcoin mining. However, Ben Gagnon admitted that due to the fragmentation of bitcoin infrastructure, it is impossible for one country to mine all bitcoin, and 100% of bitcoin is mined in the United States or some other country. It is also fundamentally contrary to the core principles of bitcoin founder Satoshi Nakamoto.