---
title: "Bitfarms CEO: It is absolutely possible and desirable for the United States to become the world's largest Bitcoin mining country"
description: "Bitfarms CEO Ben Gagnon stated that the United States has the potential to become a leading country in Bitcoin mining, provided that Trump can reduce red tape and increase support for energy and power"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/218643817.md"
published_at: "2024-11-02T13:52:41.000Z"
---

# Bitfarms CEO: It is absolutely possible and desirable for the United States to become the world's largest Bitcoin mining country

> Bitfarms CEO Ben Gagnon stated that the United States has the potential to become a leading country in Bitcoin mining, provided that Trump can reduce red tape and increase support for energy and power infrastructure. He believes this would make the U.S. more competitive in global Bitcoin mining. However, he also acknowledged that due to the decentralized nature of Bitcoin's infrastructure, it is impossible to achieve 100% of Bitcoin mining in the U.S. or any single country, which contradicts the core principles of Bitcoin's founder Satoshi Nakamoto

\[Bitfarms CEO: It is absolutely possible and desirable for the U.S. to become the largest country for Bitcoin mining\] According to Jinse Finance, Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, stated that it is absolutely possible and desirable for the U.S. to become the largest country for Bitcoin mining. He believes that if Trump reduces red tape and increases support and investment in energy and power infrastructure, the U.S. will solidify its position as the most competitive place for global Bitcoin mining. However, Ben Gagnon acknowledged that due to the decentralized nature of Bitcoin's infrastructure, it is impossible for one country to mine all Bitcoin; having 100% of Bitcoin mined in the U.S. or any other single country fundamentally contradicts the core principles of Bitcoin's creator, Satoshi Nakamoto

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.