Congressman Pete Sessions: “mining will ensure US energy independence”

Republican Congressman Pete Sessions of Texas said that bitcoin mining in the state is not only a sustainable business, but will help ensure America’s energy independence.

In his post on the social network Twitter Sessions (Pete Sessions) declaredthat “Bitcoin mining will play a critical role in recreating the independence of the US energy system.” At the same time, the congressman received very mixed comments from his readers. Wyoming Senator Cynthia Lummis supported colleague.

In fact, it is not entirely clear how exactly bitcoin mining can “restore independence” to the US in the field of energy. Most likely, Sessions noted the high energy consumption of the miners of the first cryptocurrency. Increased demand for electricity from miners should also increase electricity generation. Currently miners from Texas provide 14% of the total hashrate in the US.

According to experts, Texas has become a leader among all US states in wind power generation. Therefore, miners can access electricity from renewable sources and, accordingly, reduce the impact of mining on the environment.

Earlier, Hive Blockchain entered into a deal with a processor manufacturer to supply new Intel ASIC chips for mining and announced plans to deploy a new 100 MW data center in Texas.


Source: Bits

You may also like