A group of 14 United States Senators and Representatives from the United States House of Representatives have signed a letter to the Environmental Protection Agency touting the benefits of crypto mining.
In a Thursday letter many US lawmakers, including pro-bitcoin Senator Cynthia Lummis and Rep. Tom Emmer, directed to EPA Administrator Michael Regan, requesting that the government agency investigate the potential impact of crypto mining to balance innovation with environmental concerns. The group of 14 senators and lawmakers said mining could have a “significant stabilizing effect on power grids,” citing examples of flared gas and renewable energy mining operations.
“Digital assets and associated mining activities are essential to the economic future of the United States”, the letter said. “Practicing one technology over another, including proof-of-work over proof-of-stake, can stifle innovation, undermine future economic gains, and limit affiliate efficiency.”
BREAKING: 14 members of Congress send letter to EPA informing them of beneficial environmental and financial impacts #Bitcoin Proof-of-work mining. pic.twitter.com/LCrZ1nhgd9
— Dennis Porter (@Dennis_Porter_) June 16, 2022
Breaking Minute: 14 members of Congress send letter to EPA informing them of positive environmental and financial impact of proof-of-work mining of #Bitcoin
In addition to Lummis and Emmer, the lawmakers who signed the letter were all members of the Republican Party, including Senators Bill Hagerty, Kevin Cramer, and Steve Daines. House Representatives Patrick McHenry, Pete Sessions, Bill Posey, Bill Huizenga, Andy Barr, Anthony Gonzales, Brian Steil, William Timmons and Ralph Norman also approved the message to EPA Administrator Regan.
Republicans’ request to Regan contrasts with a letter sent to the EPA in April by a bipartisan group of 22 lawmakers. They raised “serious concerns” about crypto companies operating in the United States, claiming that the companies contributed to greenhouse gas emissions and did not operate in compliance with the Clean Air Act or the Clean Water Act.
“Cryptocurrency mining is poisoning our communities”said the April letter to Regan. “The rapidly growing cryptocurrency industry needs to be held accountable to ensure it operates sustainably and fairly to protect communities.”
In May, The Bitcoin Mining Council responded to the April letter with one of its own, claiming that many of lawmakers’ claims about mining were inaccurate.. Many environmental groups, including Greenpeace and the Sierra Club, responded by urging government agencies in the Biden administration to adopt new approaches in their response to crypto mining.
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