Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.
When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology.
"The core message that we're delivering to congressional offices today is that bitcoin mining is helping achieve and advance America's energy security and national security," said Perianne Boring, CEO of the Chamber of Digital Commerce, which organized theof crypto's effects on the vulnerable Texas energy grid. Warren and environmental groups have criticized the sector's high energy use as a threat to the global climate.
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