US Accelerates Bitcoin Mining with New Regulations Under Lutnick’s Vision
US Bitcoin miners now hold the power to construct private power plants next to their data centers with minimal regulatory hurdles. According to the US Commerce Secretary, this shift will significantly “turbocharge” domestic Bitcoin mining and decrease reliance on the public power grid. The new regulations aim to boost innovation in the Bitcoin mining sector, making it more efficient and less burdened by delays in the permitting process. Investors in the cryptocurrency market should keep a close eye on this development, as it could reshape the landscape of Bitcoin mining in the United States and potentially increase Bitcoin’s supply.