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Learning & News => News related to Crypto => Topic started by: TomPluz on February 26, 2024, 01:59:06 PM

Title: Sen. Lummis Paves the Way for Bitcoin Mining Growth in U.S.
Post by: TomPluz on February 26, 2024, 01:59:06 PM
Quote
Senator Cynthia Lummis has expressed support for Bitcoin mining in the United States, marking a significant development for the BTC mining industry.

During her remarks, Senator Lummis highlighted the innovative potential of Bitcoin mining to act as a catalyst for the energy sector. By creating demand for surplus and unused energy, Bitcoin mining operations can incentivize the development of renewable energy sources and the utilization of energy that would otherwise be wasted in turn, fosters more sustainable energy practices and contributes to the growth of the green energy sector in the United States.

Sen. Lummis is actively inviting Bitcoin miners to consider Wyoming as a prime location for their operations. Wyoming has positioned itself as a forward-thinking state in the realm of cryptocurrency and blockchain technology, fostering a regulatory environment increasingly supportive of digital asset businesses. Senator Lummis, by extending this invitation, not only advocates for the cryptocurrency sector’s growth within the state but also underscores the potential economic benefits, such as job creation and technological innovation.



Read more here: https://azc.news/senator-lummis-paves-the-way-for-bitcoin-mining-growth-in-the-u-s-id16438/

(https://pbs.twimg.com/media/GHQ8YcCakAEKrRc?format=jpg&name=small)


I am really hoping that more and more politicians will be supporting Bitcoin and its mining as well...looking at it not as an enemy of the environment but instead as a catalyst for more development of green energy and to reenergized a part of the  economy as well. Lummis is certainly presenting a clear voice for Bitcoin mining as there seems to be a movement to soon have it kick from the United States due to its heavy energy requirement. As someone coming from Wyoming, the Senator is offering his state as possible location for miners to consider doing business so those in the states feeling the heat should gradually take a look at this offer.