Eric Trump, Son of Donald Trump: Bitcoin's Value Could Increase by 60% Annually if Mined at One-Third of Transaction Costs
According to a report by Jinse Finance, Eric Trump, the second son of Trump, and Asher Genoot, co-founder of American Bitcoin, stated at the Consensus 2025 conference that if an asset (Bitcoin) can be mined at one-third of the current transaction cost and using the world's lowest-cost energy in the United States, then this mined asset would appreciate by 60% annually. This could be one of the greatest value storage methods in human history and a fantastic combination.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor: If MicroStrategy holds 5% of the BTC supply, its price will reach $1 million
Bloomberg: New U.S. House draft bill proposes tax safe harbor for stablecoins and crypto staking
Spot platinum breaks through the $2,000 mark
Trending news
MoreCrypto prices
More
