Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator

In a note authored by Michael Saylor, Nic Carter and Darin Feinstein, the Bitcoin Mining Council alleges that lawmakers can’t tell the difference between a data center and a power plant. The Bitcoin Mining Council (BMC) responded to a letter sent to the United States Environmental Protection Agency (EPA) administrator Michael Regan by Democratic legislators […]

Dorsey, Feinstein, Saylor, Fidelity and others defend environmental impact of bitcoin mining in letter to EPA

Some of the biggest names in bitcoin — including Jack Dorsey, Tom Lee, and Michael Saylor — have banded together to refute claims made by House Democrats calling on the Environmental Protection Agency to investigate the environmental effects of crypto mining. Bitcoin operates on a proof-of-work (PoW) mining model, meaning that miners around the world run high-powered computers to […]