U.S. Invests in Bitcoin Mining Through Private Power Infrastructure

The U.S. government is taking a proactive stance on Bitcoin mining by supporting private power systems near natural gas fields. This move aims to reduce reliance on the public power grid and bolster domestic crypto operations. Commerce Secretary Howard Lutnick confirmed plans for this strategy, which will allow miners to utilize waste gas to power their facilities. This shift towards energy independence is expected to make Bitcoin mining more efficient and cost-effective.