U.S. Needs To Mine BTC To Compete Globally Says Miami Mayor

Miami Mayor Francis Suarez has said the United States should mine more bitcoin due to national security reasons since 90% of the activity is done outside the country.

Speaking to cryptocurrency journalist Laura Shin, the mayor said that the environmental degradation narrative had taken center stage with more external mining activities. He notes that countries accounting for most mining use dirty energy, and the U.S. holds the key to flipping the narrative.

According to the mayor, the U.S. led by Miami can be a mining hub due to the availability of enough resources.

He added that more mining in the U.S. would primarily benefit the cryptocurrency community because of clean energy like unlimited nuclear power.