Marathon Mining extracts data from the ‘Trump 47’ block as a tribute to Donald Trump’s inauguration, securing copies of the United States Constitution and the Bill of Rights within the blockchain.
Leading Bitcoin mining firm, Marathon, has recently mined a distinctive block known as the “Trump 47” block. This unique block was created to celebrate the inauguration of President-elect Donald Trump. Marathon announced this news on its official Twitter account. The block was extracted through their own MARA Pool mining system.
The “Trump 47” block stands out as it enshrines permanently two significant American documents – the Bill of Rights and the U.S. Constitution – within the Bitcoin blockchain. By doing so, Marathon has ensured that these documents will be a permanent feature on the Bitcoin blockchain for all time. This innovative approach represents an important milestone in preserving these documents on the Bitcoin blockchain.
Nevertheless, this action is being taken at a time when the cryptocurrency community has shown significant backing for Trump. Notably, several key figures in the crypto sector are optimistic about his presidency. They have requested that he assist the crypto industry, with suggestions such as establishing a U.S. Bitcoin Reserve and making it easier for crypto businesses to use banking services.
Beyond this, the cryptocurrency community is hoping for a presidential advisory committee on digital currencies under Trump’s leadership. According to Reuters, such an executive order may be issued as early as January 20th. The crypto community has high hopes for Trump, given his pro-cryptocurrency stance as President.
Crypto Industry Celebrates ‘Trump 47’ Block Amid Growing Presidential Support
Referring to himself as the “Crypto President,” Donald Trump’s bond with the crypto world is evidently robust, given this moniker. Recently, Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with Trump, a move that took place just before a significant deadline in the Ripple vs. SEC lawsuit. This dinner has since sparked much discussion within the cryptocurrency community, as the legal struggle between Ripple and the SEC continues.
The President-elect, Donald Trump, is strengthening his backing for the cryptocurrency sector prior to taking office. His actions, like the possible executive order and discussions with leaders in the field, reveal his viewpoint on the digital currency’s future. This is why occurrences such as the ‘Trump 47’ mined block are being celebrated within the crypto industry.
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2025-01-19 11:51