How Donald Trump’s Plan for U.S. Bitcoin Dominance Could Trigger a New Digital Gold Rush

Beyond
energy
considerations,
Bitcoin
mining
is
emerging
as
a
powerful
force
for
economic
revitalization
of
rural
areas
hit
hard
by
globalization
and
the
offshoring
of
American
industry.
According
to
our
research
team,
in
2023,
U.S.
Bitcoin
mining
operations
generated
$2
billion
in
revenue,
a
figure
that
represents
3%
of
the
American
iron
and
steel
industry’s
output.
This
comparison
underscores
the
growing
economic
significance
of
this
nascent
sector.
In
just
five
years,
the
industry
has
created
substantial
employment
opportunities.
According
to
our
internal
estimates,
direct
employment
in
U.S.
Bitcoin
mining
has
grown
to
approximately
1,700
jobs,
doubling
over
the
past
two
years.
When
considering
indirect
employment,
PwC
estimates
the
figure
rises
to
around
11,000
jobs
nationwide.