Is Trump Planning Bitcoin Mining? Rumors Fly

Quick Summary:

In a series of intriguing social media posts and statements over the last week, rumors have been swirling that the US Department of Defense (DoD) may be on the verge of officially entering the Bitcoin mining space.

While no formal confirmation has been issued by any government entity, these screenshots have sparked considerable chatter among industry watchers, particularly given the growing alignment between the current administration and some key players.

Lowery, a US Space Force officer and author of “Softwar,” is known for arguing that Bitcoin’s proof-of-work mechanism could be interpreted as a form of strategic national defense.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: HungaryUnited States

Topics: BTC news Btc price Donald Trump Bitcoin mining Bitcoin price Bitcoin Bitcoin news Btc Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 09:30:45 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 27144612

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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