TechFlow reported that more than 40 mining company executives and their lobbying representatives visited House of Representatives offices last Thursday, focusing on members of the House Energy and Commerce Committee. Perianne Boring, CEO of the Digital Chamber of Commerce, said: "The core message we're delivering to Congress is that Bitcoin mining helps enhance America's energy security and national security."
Previously, Massachusetts Senator Elizabeth Warren led an investigation into cryptocurrency's impact on Texas' power grid, criticizing its high energy consumption as a threat to the global climate.
Boring noted, "There are many misconceptions about Bitcoin mining and energy policy." She added that companies shared real-world examples during congressional meetings of how the technology can integrate with U.S. energy infrastructure.
Amanda Fabiano, former executive at a mining company, said lawmakers are more focused on the jobs created by mining and its promotion of American innovation, rather than the energy debate.
Sanjay Gupta, strategy lead at Silicon Valley tech firm Auradine, emphasized discussions around restrictions on Chinese technology and tariff enforcement. Reports have raised concerns in the U.S. over crypto facilities linked to China.
Boring stated the industry supports a proposal by Texas Representative Pete Sessions, which asserts that proof-of-work Bitcoin mining is beneficial to the United States.
