@antoinebraynon

Senator believes the tax could push industry out of the country and into the arms of other countries.She also noted that the Treasury’s reasons for introducing the tax are based on outdated views about energy use and technology.Lummis cited the Bitcoin Energy Sustainability and Emissions Tracker as evidence that Bitcoin mining is cleaner than commonly thought, noting that up to 52.6%of BTC mining could be emissions-free.The politician also drew attention to the growing role of Bitcoin mining facilities in ensuring the security of the energy system.Mining operations present large, dynamic electrical loads that can be used to balance and redistribute energy across electrical networks as needed.Lummis also called the proposal a poorly conceived policy that could harm the very goals it is intended to achieve.Thus, the Administration claims that Bitcoin mining threatens the operation of local energy systems but does not provide any evidence.However, research shows that Bitcoin mining strengthens energy networks.

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