President Trump Plans an “Emergency Power Auction”: What It Could Mean for Bitcoin Miners

President Trump is reportedly set to announce an emergency power auction that would push tech companies to bankroll new power plants. This initiative aims to ease rising electricity costs. The plan could impact both the cryptocurrency sector and the broader economy in the lead-up to the 2026 midterms. What Is Trump's Emergency Power Auction? According to Bloomberg, Trump, together with governors from several Northeastern US states, is pushing PJM, the country’s largest electricity grid operator, to hold ...