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Retrieved on: 2025-09-16 15:57:22
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Summary
Mother Jones investigates how Eric Trump has positioned himself as a major player in bitcoin mining while his father wages war on renewable energy sources.
Eric Trump recently launched American Bitcoin, a cryptocurrency mining company powered by a Texas wind farm, creating a striking contradiction with President Trump's anti-renewable energy policies. The venture emerged through a complex web of mergers and partnerships, positioning the Trump family to profit significantly from both bitcoin's rising value and cheap wind-generated electricity. This development highlights potential conflicts of interest, as the administration promotes pro-crypto policies while simultaneously blocking new wind energy projects that competitors might need.
Article found on: www.motherjones.com
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