The government of the United States may have already started mining Bitcoin, according to Compass Mining Chief Executive Officer.
- In an interview on the Best Business Show of Anthony Pompliano, Gibbs said “the United States is already mining,” before he later backtracked and added the word “maybe” in his statement.
- Gibbs added that the US might already have 10 to 20 watts running “somewhere in the midwest to test it out,” but clarified with a knowing smile that he was only speaking hypothetically.
- The chief executive also noted that it is a matter of national security, as he said developing nations would benefit from gaining exposure to Bitcoin mining to level up, citing the developments made in El Salvador.
Pompliano, in the same show, noted that an American government law enforcement was involved in Bitcoin mining but had difficulties in scoring budgetary approval to acquire the digital token.
BTC is down 2.85%.