Over 50% of US Bitcoin Miners to Back New Policy Group
Nasdaq The Chamber of Digital Commerce, an advocacy organization for digital innovation and Bitcoin, has unveiled a new initiative known as the Digital Power Network.
The Digital Power Network's primary mission is to advocate for Bitcoin mining and drive forward productive energy policy, aiming to revolutionize energy markets by championing Bitcoin. The core belief behind this endeavor is that Bitcoin mining can help encourage investments in renewable energy, and enhance grid stability.
Boasting a strong membership roster including industry giants such as Argo, BitDigital, BitFarms, Coinmint, Cipher Mining, DigitHost, Hive, Marathon, Riot, Sustainable Bitcoin Protocol, and Terawulf, this consortium represents over 50% of the U.S. Bitcoin hash rate and aims to reshape the energy landscape while driving the future of energy policy in Washington.
"We are thrilled to introduce our inaugural affiliate organization, the Digital Power Network," said Founder and CEO of The Chamber of Digital Commerce, Perianne Boring. "It's fitting that our first affiliate focuses on digital asset mining, which has been a top priority for us since the Chamber's inception nine years ago. Digital asset mining, at its heart, is both an energy and national security matter, and we firmly believe that Bitcoin will drive policies that unite all political stakeholders to advance this crucial industry in the United States."
