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Eight U.S. Blockchain Lobby Groups Unite Ahead of Trump's Crypto Friendly Regime

CoinDesk LogoCoinDesk10h ago

Eight U.S. Blockchain Lobby Groups Unite Ahead of Trump's Crypto Friendly Regime - CoinDesk

Quick Summary:

The Texas Blockchain Council is optimistic about Trump’s comeback — but miners may face new difficulties in Texas.

It all has to do with subsidies provided by the federal government, which according to Bratcher can reach $30 per MW/h and give a strong incentive for renewable energy companies to develop wind and solar power.

The incoming Trump administration isn’t likely to affect the TBC or Texas miners in a meaningful way, Bratcher said.


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Article Details

Author / Journalist: Tom Carreras

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 20:56:11 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 931 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25182605

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 18 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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