Bitcoin Is A Commodity Like Gold, Says Commerce Secretary Lutnick

U.S. Secretary of Commerce Howard Lutnick has outlined a bold vision to position the United States as the global leader in Bitcoin (CRYPTO: BTC) innovation, starting with mining.

What Happened: In a Bitcoin Magazine exclusive interview on April 28, Lutnick proposed a revolutionary approach: allowing Bitcoin miners to build power plants directly at mining sites, including the ability to place data centers “on top of gas fields” with dedicated energy sources.

This would eliminate reliance on the broader electrical grid and enable miners to scale sustainably.

“If you want to mine Bitcoin and find the right place to do it, you can build your own power plant next to it,” Lutnick said.

This strategy …

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