Opinion: Trump's influence is unlikely to affect miners in the short term
Former US President Donald Trump's strong support for Bitcoin mining has made the cryptocurrency industry the focus of attention. However, experts say this is not enough. Quinn Thompson, founder of the cryptocurrency hedge fund Lekker Capital, said that miners are facing serious profitability issues and most miners' business models are flawed. Trump cannot solve this problem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin market value exceeds $1.56 trillion, hitting a record high
Total cryptocurrency market value exceeds $2.8 trillion
Robert Kiyosaki Goes Bullish on Bitcoin: “I Continue to Acquire at $76,000”
BTC breaks through $79,000