Let’s talk about Bitcoin mining for a second. Did you know the U.S. is already a heavyweight in the game? But here’s the real kicker: Donald Trump, during his campaign, made waves with a bold promise — he wants all future Bitcoin to be mined right here in America.

Sounds ambitious, right? But is it even possible? Let’s break it down.

The Current Mining Scene: America Leads the Pack — For Now

Right now, the U.S. accounts for around 40% of the global Bitcoin mining hashrate, according to data from TheMinerMag. That’s more than any other country. Pretty impressive! But what about the remaining 60%?

Experts aren’t so sure Trump — or anyone, for that matter — can bring all of that mining power to American soil.

“It’s Just Not Feasible,” Experts Say

Matthew Sigel, head of digital assets research at VanEck, doesn’t mince words: “It’s impossible, in my opinion,” he said. And his reasoning? For Trump’s vision to come true, mining operations worldwide would need to shut down, and the U.S. would have to step in to fill the gap.

Not exactly a small task.

CJ Burnett, chief revenue officer at Compass Mining, echoed the sentiment. While he appreciates Trump’s enthusiasm, he’s not buying it. “The U.S. simply doesn’t have the infrastructure — electrical grids, mining hardware, or cheap energy costs — to handle 100% of Bitcoin mining,” Burnett explained.

Why Bitcoin Mining Is So Spread Out

Here’s the thing about Bitcoin: it’s designed to be decentralized. That means miners are scattered all over the globe, gravitating to places with the cheapest energy and most favorable regulations. Think Kazakhstan, Russia, Canada, and even smaller hotspots.

And the U.S.? It only became the leader in Bitcoin mining after China cracked down on the industry in 2021, forcing miners to relocate. Since then, American mining companies have been on a roll — just last November, the top 20 public mining firms in the U.S. minted 3,794 Bitcoins, worth a cool $366 million.

But What About Trump’s “Pro-Bitcoin” Presidency?

Let’s shift gears for a moment. With Trump back in the political spotlight, there’s no doubt his pro-crypto stance has energized the industry.

Frank Holmes, executive chairman of Hive Digital Technologies, is optimistic, saying he expects “continued support for Bitcoin innovation” under Trump’s leadership.

And Burnett says he’s noticed a palpable shift in sentiment. Republican wins, he argues, could pave the way for a more crypto-friendly business climate, especially compared to the heavy regulatory hand of the Biden administration.

Bitcoin Is Already Feeling the Love

Need proof that sentiment matters? Bitcoin prices skyrocketed following Trump’s recent victory. The world’s biggest cryptocurrency broke records, hitting $98,000 per coin shortly after the November election. By mid-December, it soared to an all-time high of $108,135.

Not too shabby, huh?

The Bottom Line: A Global Network That’s Hard to Beat

Here’s the truth: Bitcoin mining is a global game. It thrives on market economics, energy availability, and regulatory landscapes — not just national pride. While Trump’s vision for U.S.-dominated mining might fire up his supporters, it’s a steep hill to climb.

But one thing’s for sure: the buzz around Bitcoin is real, and the industry is watching closely to see what a Trump presidency could mean for crypto in America.

What do you think? Can the U.S. really become the sole hub for Bitcoin mining? Or is this one dream that’s a bit too big? Let’s hear your thoughts. 👇

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