AIBloomberg1h ago
Donald Trump's plan to center Bitcoin mining in the US is unraveling
Donald Trump's plan to center Bitcoin mining in the US is unraveling as miners convert facilities into AI data centers amid a prolonged crypto market slump
TL;DRUS Bitcoin miners are switching to AI data centers because crypto profits have dried up.
Why it matters: Shifts in infrastructure investment signal where capital sees opportunity—AI over crypto—reshaping Trump's policy agenda.
Donald Trump's pledge to ensure that Bitcoin mining activity is centered in the US is rapidly disintegrating under the twin forces …
Read full articleSource: Bloomberg · Opens in new tab