Key Points
Several Bitcoin miners met with former president Donald Trump at Mar-a-Lago on Tuesday night, according to Matthew Schultz, executive chairman at crypto mining company CleanSpark Inc.P)..
Trump told attendees that he loves and understands cryptocurrency, adding that Bitcoin miners help to stabilize energy supply from the grid, according to Schultz..
Trump said hed be an advocate for miners in the White House, Schultz added..
In a post on his Truth Social account, Trump said Bitcoin mining may be our last line of defense against a CBDC, referring to a central bank digital currency, adding that he wants all remaining Bitcoin to be MADE IN THE USA!!!.
Democrats have been leading efforts to ramp up scrutiny of Bitcoin miners energy consumption and carbon emissions, while Texas Senator Ted Cruz has been a high-profile backer of the industry..
