The United States must dominate Bitcoin’s hash rate to ensure financial sovereignty

Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has grown around the idea of ​​integrating Bitcoin into the country’s economic and geopolitical strategy.

In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue industry leadership and Bitcoin mining, positioning the asset as a matter of national security.

Dominant critical components of Bitcoin

In a recent post on X, MARA highlighted the qualities of Bitcoin: its finite supply, decentralization and transferability across borders, making it a modern counterpart to gold as a store of value. However, the company argues that beyond owning Bitcoin, the US needs to master its mining infrastructure, especially to secure block space and hash rate.

He added that dominating critical resources such as block space and Bitcoin’s hash rate can “profoundly affect” US financial sovereignty and its ability to maintain global influence in the digital age.

“By controlling the hash rate, a nation can prioritize access to block space, preventing adversary nations from censoring or manipulating its transactions. Conversely, failing to achieve a sufficient ratio of block space to hash rate hash makes the United States vulnerable to external pressures in a world where Bitcoin’s importance as a financial and geopolitical tool is growing rapidly.”

Amid global de-dollarization trends, MARA highlighted the economic and geopolitical risks of US inaction. A strategic focus on Bitcoin mining could spur domestic manufacturing, strengthen energy networks and generate high-tech jobs. MARA also advocated reducing dependence on foreign ASIC chip production and adopting policies that integrate renewable energy into mining.

Recommendations

The company even outlined a strategic roadmap for the US to maintain its leadership. Key measures include acquiring Bitcoin as a strategic reserve, expanding domestic BTC mining to control a larger share of the global hash rate, and encouraging domestic production of ASIC chips to reduce supplier dependency foreigners

In addition, integrating renewable energy into mining operations and incentivizing innovation through regulatory clarity and tax benefits could strengthen the industry while promoting sustainability.

Beyond economic security, he highlighted the broader benefits of Bitcoin mining. It could strengthen energy networks, monetize excess energy and boost high-tech job creation, contributing to a strong and resilient economy. MARA urged the country’s policymakers to recognize Bitcoin mining as a critical component of national strategy, drawing parallels with the nation’s historical leadership in gold reserves.

SPECIAL OFFER (Sponsored) Binance Free $600 (Exclusive to CryptoPotato): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

LIMITED OFFER for CryptoPotato readers on Bybit – Use this link to register and open a FREE $500 position with any currency!

Leave a Reply

Your email address will not be published. Required fields are marked *