The POW mechanism is the core of web3, and almost all the core components required by web3 are in...
1. European and American regulators, led by the US SEC, will definitely suppress the POS chain. All POS will be identified as securities and must be regulated, otherwise it will be capitalism to the iron fist of the rule of law
2. The underlying logic of the POW proof-of-work algorithm is computing power, that is, chips. Now the United States has a large amount of chip production capacity that needs to be resolved to make up for the impact of blocking the Chinese market
3. The BTC DOGE of the POW public chain is recognized by Wall Street in the United States, so there is an urge to promote values to the world
4. The promotion of the POW public chain will help develop employment and will drive multiple supply chains such as chips, equipment, logistics, and construction. It is the best choice for the United States, which is eager to solve the employment problem in the election year
5. The status of encrypted minerals in China and the United States has reversed. A large number of mines have landed in the United States, and promoting and supporting POW has become more politically correct.