according to MARA, the USA are at risk on Bitcoin
The post according to MARA, the USA are at risk on Bitcoin appeared on BitcoinEthereumNews.com.
According to the crypto mining company MARA, the USA should do more to maintain their leadership in Bitcoin mining. With a long article published yesterday on their official X profile, they explain why they believe that the USA is at risk of losing this leadership. The leadership of the USA according to MARA mining According to the “mining map” by Chain Bulletin, the USA currently hold about 38% of the entire global hashrate of Bitcoin. In second place, after the ban of 2021 which in theory is still ongoing, there would be China, with 21%. In third place, Kazakhstan with 13%. No other state holds more than 10%, with Canada fourth at 6%, and Russia fifth below 5%. It would seem like a strong and consolidated leadership, but according to MARA it is not so. The risks for the USA In her long article yesterday, MARA explains that the USA is facing an urgent need to protect its economic interests and national security. To tell the truth, this statement seems a bit too in line with the electoral propaganda of Trump, just as a second statement that the world is witnessing a significant trend towards de-dollarization seems a bit too in line with pro-Chinese and pro-Russian propaganda. Therefore, it is advisable to take with a grain of salt what the company declares, which moreover is listed on the Nasdaq stock exchange where it is not showing particularly significant performances in this 2024. The only real risk that clearly emerges from MARA’s reasoning is the one related to the purchase of BTC to hold as a strategic reserve. They write that speculations are increasing about countries building reserves in Bitcoin, and this corresponds to what has been emerging for a few weeks now from the news coming from around the world. …
Filed under: News - @ November 27, 2024 12:23 pm