{"id":4758,"date":"2024-12-26T17:47:37","date_gmt":"2024-12-26T17:47:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4758"},"modified":"2024-12-26T17:47:37","modified_gmt":"2024-12-26T17:47:37","slug":"are-donald-trumps-ambitious-bitcoin-goals-feasible","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4758","title":{"rendered":"Are Donald Trump&#8217;s Ambitious Bitcoin Goals Feasible?"},"content":{"rendered":"<div>\n<p><strong>Donald Trump<\/strong>\u2018s campaign promise to bring all <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) mining operations back to the United States faces considerable obstacles, despite his newfound <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42422705\/donald-trump-would-welcome-150000-bitcoin-early-in-presidency-its-another-stock-market-for-him\">support for the cryptocurrency industry<\/a>.<\/p>\n<p>This pledge, made following discussions with leaders in the crypto mining field, symbolizes Trump\u2019s shift from a skeptic to a champion of digital assets. <\/p>\n<p><strong>What Happened: <\/strong>Experts in the field acknowledge that the decentralized structure of Bitcoin renders such a goal impractical, if not impossible, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-12-26\/trump-s-made-in-usa-bitcoin-is-a-promise-impossible-to-keep?embedded-checkout=true\">according<\/a> to Bloomberg.<\/p>\n<p>While the concept might serve as a show of support, the reality is that Bitcoin mining is a highly competitive, worldwide endeavor. <\/p>\n<p>New, well-funded entities from various regions, including Russian, Middle Eastern and African players, are actively expanding their operations to capture a share of the considerable revenue generated by this activity.<\/p>\n<p>These groups often have access to cost-effective energy sources and substantial capital, which are essential for successful large-scale mining. <\/p>\n<p>While most of the Bitcoin supply has been mined, these are still set to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42690488\/are-donald-trumps-ambitious-bitcoin-goals-feasible\" alt=\"Are\" donald trump ambitious bitcoin goals feasible>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump\u2018s campaign promise to bring all Bitcoin (CRYPTO: BTC) mining operations back to the United States faces considerable obstacles, despite his newfound support for the cryptocurrency industry. This pledge, made following discussions with leaders in the crypto mining field, symbolizes Trump\u2019s shift from a skeptic to a champion of digital assets. What Happened: Experts [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4758","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4758"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4758\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}