Marathon Digital Holdings is a U.S. Bitcoin mining firm that has recently announced all Bitcoin blocks produced in America are now tamper-proof. stamped Label “Made in USA”. The company declared On X “MARA is Team USA, proudly declared in each American-made bitcoin block we mine.”
Marathon now stamps each item #Bitcoin Block mines "Made in USA" πΊπΈ pic.twitter.com/4ZbvChxdVY
— Bitcoin Magazine (@BitcoinMagazine) August 12, 2024
Fred Thiel of Marathon Digital, the CEO, stressed this commitment. stating, “Every block mined by MARA Pool in the USA is proudly stamped ‘Made in USA’. We are the only large-scale miner who can do this because we run our own pool and ensure that all the blocks mined by MARA Pool are made in the USA.”
Donald Trump’s comments from earlier in the summer, when he was running for president, coincide with this initiative. expressed a desire for “all the remaining Bitcoin to be MADE IN THE USA!!!” Trump thinks that increasing the amount of Bitcoin mining carried out in America is a way to achieve America’s energy dominance goal. At the Bitcoin 2024 Conference, held in Nashville in November 2016, he reiterated his commitment to domestic Bitcoin mining and pledged to provide the necessary electricity to American miners to continue to mine Bitcoin in the USA.
Earlier today, Marathon Digital announced A $250 million private offer of convertible notes with proceeds used to purchase more Bitcoin. This follows the corporate Bitcoin accumulation strategy pioneered MicroStrategy.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: bitcoinmagazine.com