US Senators Push ‘Mined in America Act’ to Secure Bitcoin Mining and Reserve

US Senators Push ‘Mined in America Act’ to Secure Bitcoin Mining and Reserve
фото показано с : cryptoninjas.net

2026-4-7 17:48

Key Takeaways:

A bill was submitted to Congress by Senator Bill Cassidy and Senator Cynthia Lummis to bring Bitcoin mining operations back to the U.S. This proposal includes a “Mined in America” certification and foreign hardware dependence reduction Meanwhile, the bill also formalizes a Strategic Bitcoin Reserve based on the previous executive order of Donald Trump

U.S. lawmakers are fostering the restructuring of the crypto mining industry. The new bill targets to reinforce the supply chain, strengthen domestic production and tie Bitcoin with national strategy.

Lawmakers Target Mining Supply Chain Risks

The new bill known as “Mined in America Act” aims to address a larger concern: the use of foreign made mining devices. While the U.S holds the major part of the global Bitcoin mining power, most of the hardware still comes from foreign countries. Law makers consider this as a strategic weakness.

Cassidy said that the mining operation currently is an important part of the economy therefore it should be developed domestically. This was echoed by Lummis, who described this bill as a further step in a larger effort to establish the U.S. as a worldwide leader in digital assets.

The bill establishes a voluntary certification process for mining facilities. Facilities that meet these standards will qualify for a “Mined in America” label.

Read More: Ripple CLO Meets Sen. Gillibrand as Bipartisan Crypto Market Structure Push Gains

Strategic Bitcoin Reserve Moves Forward

The core element of this bill is the Strategic Bitcoin Reserve establishment.

This will bring Bitcoin under the management of the Treasury, making it a recognized strategic asset. This move is based on a previous earlier executive order tied to Trump’s digital asset agenda.

Push for Domestic Hardware and Energy Integration

The bill is also focused on domestic hardware production. It requires various government agencies in the country to support the production of domestic mining hardware. The proposal seeks to create greater efficiency and decrease reliance on foreign hardware. This proposal ties the mining operation to existing programs relating to energy and rural development. 

Instead of creating new sponsorship channels, it makes use of established frameworks for expansion. This can help synchronize mining operations with the electricity grid, especially in areas under ineffective exploitation.

Read More: Kentucky Bill Sparks Crypto Shock as Hardware Wallet Backdoor Threatens Self-Custody

Industry Support and Strategic Framing

This initiative receives the support of Satoshi Action Fund – the organization is fostering Bitcoin friendly policies. Supporters claim that the current situation has various risks: the U.S. leads the mining operation but it still depends largely on the international supply chain.

They also think that the bill has the potential to create a complete domestic loop, including local manufacturing, certified mining, energy integration, and contribution to the national Bitcoin reserve.

The post US Senators Push ‘Mined in America Act’ to Secure Bitcoin Mining and Reserve appeared first on CryptoNinjas.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 71305.99 (+0.51%)
Объем 24H $54.471b
Изменеия 24h: 4.75 %, 7d: 3.65 %
Cегодня L: $69275.57 - H: $72467.99
Капитализация $1427.055b Rank 1
Цена в час новости $ 69078.3 (3.22%)

bitcoin mined mining senator bill reserve secure

bitcoin mined → Результатов: 126


Фото:

How Much $100 of Bitcoin Could Be Worth When the Last Coin is Mined

Everybody knows that one day Bitcoin mining will eventually cease, and the last coin will be mined. The date for this is expected to be around the year 2140. So what could an investment of $100 now be worth in 120 years time?  Bitcoin to the Moon To estimate the price of Bitcoin well into the future we need to take a look at growth models for the cryptocurrency. The two most well-known are Parabolic […]

2020-2-28 23:00


Фото:

85% of the world’s Bitcoin has been mined

Sound the alarm, bang the gong, yodel down an Austrian valley; as of yesterday over 85-percent of the total Bitcoin supply has been mined. But seriously, there’s no need to worry. According to various Bitcoin blockchain explorers and market information websites, over 17,850,000 Bitcoin (17,850,600 according to CoinMarketCap) have been mined and are classed as being “in circulation.

2019-8-1 12:39


Bitcoin SV Announces 128 MB Blocks Have Successfully Been Mined

Bitcoin SV, which split from Bitcoin Cash last year, has announced that it has successfully mined two 128 megabyte blocks, which are the largest blocks ever mined on a public blockchain. However, this is not universally regarded as an accomplishment: while some see this as a vindication of Bitcoin SV’s potential, others will see it… The post Bitcoin SV Announces 128 MB Blocks Have Successfully Been Mined appeared first on UNHASHED.

2019-4-8 19:31


Ethereum mining has seen massive improvements in industrialization of GPUs, says Monero’s Riccardo Spagni

Riccardo Spagni, the lead developer of Monero, opined on whether Monero [XMR] was currently more decentralized than Bitcoin [BTC], during an interview with Monero Talk. This argument was put forth after taking into consideration the fact that Bitcoin was purely ASIC mined, in a market where only a handful of manufacturers produced the ASICs and […] The post Ethereum mining has seen massive improvements in industrialization of GPUs, says Monero’s Riccardo Spagni appeared first on AMBCrypto.

2019-4-5 17:30


Bitcoin Can “Easily” Pass Gold’s $7.5 Trillion Market Cap — Dividing Gold’s Market Cap by Total Mined Bitcoins Puts BTC Price at $350K

Bitcoin (BTC) was initially intended to be a form of electronic cash, but for many it has evolved into the… The post Bitcoin Can “Easily” Pass Gold’s $7.5 Trillion Market Cap — Dividing Gold’s Market Cap by Total Mined Bitcoins Puts BTC Price at $350K appeared first on Invest In Blockchain.

2019-3-28 19:00


Фото:

Satoshi’s Roundtable: Community Disputes Over Bitcoin Supply Increase Proposal

Since Bitcoin (BTC) came to life in early-2009, as the cryptocurrency godfather himself, Satoshi Nakamoto, mined the first block, the asset’s 21 million supply limit was made clear as day. While the deflationary nature of BTC made sense at the time, especially to decentralists with the 2008 Great Recession fresh in their minds, the narrative has.

2019-2-7 17:00


Фото:

Satoshi’s Roundtable: Community Disputes Over Mention of Bitcoin Supply Increase

Since Bitcoin (BTC) came to life in early-2009, as the cryptocurrency godfather himself, Satoshi Nakamoto, mined the first block, the asset’s 21 million supply limit was made clear as day. While the deflationary nature of BTC made sense at the time, especially to decentralists with the 2008 Great Recession fresh in their minds, the narrative has.

2019-2-7 17:00


Фото:

Study Finds 4 Percent of Monero Mined via. Malware over the Last 12 Years

Researchers at Universidad Carlos III de Madrid and King’s College London have found that from 2007 to 2018, around $57 Million of Monero was mined via. Malware, January 3, 2019. Background of the Study The joint study co-authored and compiled by two researchers was published January 3, 2019, and it states that four percent of the Monero mined over the.

2019-1-23 20:00


Фото:

Study Finds 4 Percent of Monero Mined with Malware over the Last 12 Years

Researchers at Universidad Carlos III de Madrid and King’s College London have found that from 2007 to 2018, around $57 Million of Monero was mined via. Malware, January 3, 2019. Background of the Study The joint study co-authored and compiled by two researchers was published January 3, 2019, and it states that four percent of the Monero mined over the.

2019-1-23 20:00


Фото:

10 Years Ago Bitcoin’s Genesis Block Changed the Course of History

Over the last 12 hours, cryptocurrency supporters across the globe have been celebrating the 10-year anniversary of the Bitcoin genesis block which was mined at approximately 18:15:05 UTC. Die-hard crypto enthusiasts believe the software released by the anonymous creator Satoshi Nakamoto has forever changed the way people look at money, and that the technology’s effect […] The post 10 Years Ago Bitcoin’s Genesis Block Changed the Course of History appeared first on Bitcoin News.

2019-1-4 21:15


31% блоков в сети биткоина добывается с применением AsicBoost

В 2018 году число добываемых с использованием алгоритма оптимизации AsicBoost блоков в основной сети биткоина выросло с 0% до 31%. Bitcoin blocks mined with overt «version-rolling» AsicBoost increased from 0% to 31% during 2018.

2018-12-27 20:05