“We Want You In Wyoming,” U.S. Senator Tells Bitcoin Miners

“We Want You In Wyoming,” U.S. Senator Tells Bitcoin Miners
ôîòî ïîêàçàíî ñ : zycrypto.com

2021-7-4 22:17

Outspoken conservative Republican Senator Cynthia Lummis has invited Bitcoin miners to her state of Wyoming.

Speaking to CNBC, she expressed her approval of the ability of Bitcoin mining to use about 40% of renewable energy sources compared to traditional mining methods that only use about 12%.

This comes in the wake of China cracking down on Bitcoin miners after banning the use and mining of Bitcoin in Mainland China and other Chinese provinces in May this year.

Senator Cynthia has praised Bitcoin citing it as a great invention that has encouraged a lot of innovation around it and should be adopted. She also gave the case of El Salvador which passed a law to make Bitcoin its legal tender, citing that this will greatly reduce the time and fees used in sending money to relatives in El Salvador by their people who work in the U.S. 

She joins other pro-crypto lawmakers such as Texas governor Greg Abbott and Miami Mayor Francis Suarez who have openly promoted the idea of mining and making payments using Bitcoin. Furthermore, she believes the gains of mining largely outweigh the risks and could be a solution to traditional mining hazards and waste.

Her call is in line with the international community’s agreement for countries to embrace the use of renewable energy sources in a bid to curb the surging global warming index.

Following China’s ban on Bitcoin mining and trading, the U.S.A has experienced what has been termed as “the great mining migration” as Chinese miners look to establish their businesses in various US states such as Texas.

Brandon Arvanagh, a former Engineer at Gemini, says that to see a dramatic shift over the next few months as more lawmakers embrace mining. He believes crypto mining is set to become a huge and sustainable industry in the United States now that more miners are leaving unpredictable China for States in the U.S.A.

“Bitcoin goes from weak to strong hands. Just the same, the Bitcoin network goes from flimsy hashes to strong hashes. Hashrate is leaving the unpredictable China for Texas, where mining farms are secured by states’ rights and guns. Rejoice!” 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 69415.12 (+0.14%)
Îáúåì 24H $47.852b
Èçìåíåèÿ 24h: 2.78 %, 7d: -4.30 %
Cåãîäíÿ L: $69321.36 - H: $69415.12
Êàïèòàëèçàöèÿ $1372.905b Rank 1
Öåíà â ÷àñ íîâîñòè $ 35425.8 (95.95%)

bitcoin her miners mining use wyoming senator

Èñòî÷íèê: zycrypto.com

bitcoin her → Ðåçóëüòàòîâ: 126


Ôîòî:

U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […]

2021-7-1 00:05


Tanzania’s Central Bank says It’s Working on President’s Directive to Prepare for Bitcoin Adoption

The central bank of Tanzania said it is working on President Samia Suluhu’s directive to prepare for cryptocurrencies, which could reverse the ban put on digital assets in 2019. The new president came to power in March after the death of her predecessor John Magufuli and is much more open to foreign investment than him.

2021-6-27 16:58


US Lawmakers To Form Committee To Address Regulatory Concerns Around Crypto

Lawmakers in the United States are looking into developing regulatory frameworks for cryptocurrencies like Bitcoin and Ethereum. The US Rep and chairwoman of the House Financial Services, Maxine Waters, revealed her intentions to create a working group with Democratic House members to tackle growing concerns on cryptocurrencies Waters Pushes for More Crypto Oversight Waters made […] The post US Lawmakers To Form Committee To Address Regulatory Concerns Around Crypto first appeared on BitcoinExchangeGuide.

2021-6-17 19:46


“Impossible” to Shut Crypto Down: Ark Invest’s Cathie Wood Sees Emerging Market Central Banks Accumulating Bitcoin

She expects regulators to be “more friendly over time” while expanding her focus to include Ethereum and expects central banks to do that with BTC and other currencies. The post “Impossible” to Shut Crypto Down: Ark Invest’s Cathie Wood Sees Emerging Market Central Banks Accumulating Bitcoin first appeared on BitcoinExchangeGuide.

2021-5-28 15:16


Ôîòî:

Serena Williams Invests in Bitcoin Rewards Startup Lolli

Blockchain startup Lolli has reportedly raised the sum of $5 million from a suite of investors led by Serena Williams, her husband (Alexis Ohanian), and other YouTubers.  As announced on Wednesday, Lolli’s pre-Series A round features Serena Williams’ Serena Ventures, her husband Alexis Ohanian’s Seven Seven Six, and Night Media, the management company that representsRead More

2021-3-25 01:00


Ôîòî:

Janet Yellen Vows to Implement Laws to Curtail Illicit Crypto Use

Janet Yellen, President Biden’s nominee for Treasury Secretary, has clarified her stance on bitcoin (BTC) and other cryptocurrencies, making it clear that she will go all out to formulate and implement regulations that would curtail the use of blockchain-based cryptocurrencies for illicit activities, according to a Decrypt report on January 22, 2021. Yellen Not Anti-CryptoRead More

2021-1-23 21:00


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Bitcoin Price Takes a Sharp Dip: Is This Just a Correction?

Bitcoin price is correcting gains from the $73,500 zone. BTC is back below the $70,000 level and showing a few bearish signs. Bitcoin started a fresh decline from the $73,500 zone. The price is trading below $71,500 and the 100 hourly Simple moving average.

Bitcoin Price Nears All-Time High: Can It Push Past the Mark?

Bitcoin price is rallying above the $72,000 zone. BTC is up over 5% and it could soon aim for a new all-time high above $73,500. Bitcoin started a fresh increase above the $70,000 zone. The price is trading above $70,500 and the 100 hourly Simple moving average.

Bitcoin Price Rallies Above $70K: Is a New High Within Reach?

Bitcoin price is rallying above the $70,000 zone. BTC is up over 5% and it could soon aim for a move above the $72,000 resistance zone. Bitcoin started a fresh increase above the $68,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average.

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average.

Bitcoin Price Eyes Further Gains: Can It Keep Climbing?

Bitcoin price is attempting a fresh increase above the $37,000 zone. BTC could gain pace if it clears the $68,800 resistance zone. Bitcoin started a fresh increase from the $65,200 zone. The price is trading above $67,500 and the 100 hourly Simple moving average.

Bitcoin Price Could Reignite Uptrend: Is a New Surge Coming?

Bitcoin price tested the $65,200 zone before the bulls appeared. BTC is now rising and aiming for more upsides above the $67,500 resistance. Bitcoin extended losses and tested the $65,200 zone. The price is trading below $67,500 and the 100 hourly Simple moving average.