Home Senator Cynthia Lummis Champions Bitcoin Mining

Senator Cynthia Lummis Champions Bitcoin Mining

Share
Share

Senator Cynthia Lummis Champions Bitcoin Mining

Senator Cynthia Lummis (R-Wyo.) has emphasized the symbiotic relationship between Bitcoin mining and the US’s energy infrastructure.

She believes that Bitcoin mining can enhance the efficiency of America’s energy grids by utilizing wasted or stranded energy resources, such as excess renewable energy production.

Lummis argues that this can contribute to a more balanced and resilient energy infrastructure. She also highlights the potential for Bitcoin mining to act as a catalyst for the advancement of renewable energy technologies.

By creating demand for surplus energy, mining operations encourage the development and integration of renewable energy sources into the national grid, reducing the carbon footprint of the energy sector and contributing to the global effort to combat climate change.

This endorsement of Bitcoin mining marks a significant moment for the intersection of digital currency and environmental stewardship.

Lummis welcomed the Energy Information Administration’s decision to halt Lummis’ criticized survey and extended a warm invitation to Bitcoin miners to set up shop in Wyoming.

(With inputs from Shikha Singh)

Share

Latest News

News
Coinhub Opens Crypto Branches In Las Vegas & Phoenix | 3verseTV

Coinhub Opens Crypto Branches In Las Vegas & Phoenix

Coinhub Exchange has launched new branch locations in Las Vegas, Nevada, and Phoenix, Arizona, aiming to combine digital crypto trading with in-person...

News
India’s Income Tax Department Flags Crypto Risks | 3verseTV

India Raises Crypto Risk Concerns, Income Tax Department Opposes Entry

“With 30% tax and TDS tight, India put crypto trades in regulatory sight.” Did India’s 30% crypto tax and 1% TDS trigger...

News

Zcash Faces Leadership Vacuum After Full Developer Resignation on Jan. 7

“Governance must align, or confidence declines, Zcash learns in real time.” How does a top-20 cryptocurrency with a $7 billion market cap...

News
Polymarket Introduces Fees On 15-minute Crypto Markets | 3verseTV

Polymarket Introduces Fees On 15-minute Crypto Markets

Polymarket has added trading fees to its 15-minute crypto markets, introducing taker-only charges on a subset of high-frequency prediction products. The affected...

Latest Blogs

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for 2025 and beyond The future direction of Bitcoin from 2025...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those affected by automation. AI-powered crypto trading bots promise emotionless execution...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology enable users to control their data through digital standards which...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more than fifteen years because it combines technological elements with economic...

Related Articles

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more...