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18.8 C
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Tuesday, May 6, 2025

Is the US DoD about to begin mining bitcoin? Crypto X thinks so

Crypto & NFTsIs the US DoD about to begin mining bitcoin? Crypto X thinks so

Earlier right now, rumors circulated on social media of a covert bitcoin (BTC) mining operation on the US Division of Protection (DoD).

Sparked by a declare from a employee at BTC ATM firm Byte Federal and amplified by Jason Lowery, screenshots of posts from notable traders like Michael Saylor, Matthew Pines, and David Bailey alluded to imprecise, upcoming, “big” federal developments.

The unsubstantiated rumor took flight regardless of flimsy proof, incomes a whole bunch of hundreds of impressions.

On March 6, 2025, President Donald Trump established a Strategic Bitcoin Reserve and one other Digital Asset Stockpile. Neither contain mining.

Nonetheless, Trump has beforehand expressed help for BTC mining, together with throughout final summer time’s presidential marketing campaign path.

“BTC mining may be our last line of defense against a CBDC. Biden’s hatred of BTC only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!,” stated Trump in June.

Regardless of the federal government’s attentiveness to mining as an trade that impacts the setting and energy grids, neither the US Division of Protection nor some other US authorities entity has formally admitted to mining BTC.

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