Analysis: After Trump was attacked, Bitcoin miners are facing a bright future

Analysts from research and brokerage firm Bernstein stated that, following the "Trump factor" after the attempted assassination incident, Bitcoin miners are facing a "just right scenario". Gautam Chhugani and Mahika Sapra indicated in their report that Bitcoin mining is facing an increased opportunity for pro-Bitcoin political changes. The United States has become the dominant center for mining and the latest production site for mining chips. Miners are valued due to their leading position in power interconnection, becoming strong partners of AI data centers. According to analysts, the crypto market interprets Trump's victory as a "more positive" signal because of Biden administration's regulatory crackdown on this industry while Trump has made statements supporting Bitcoin over recent months including advocating self-hosting and Bitcoin mining. (The Block)