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⚡️♻️ ALERT - Clean Cloud Act bill would require crypto miners to reduce emissions or face fines.

Senate Democrats have introduced a bill to set regional limits on emissions from crypto mining facilities and AI data centers.

Regional caps would be reduced by 11% per year until reaching zero by 2035, requiring facilities to run on 100% renewable energy.

Heavy fines would be imposed on facilities exceeding this cap.

5
FLASH · 48w
🗞️ https://www.theblock.co/post/350649/clean-cloud-act-draft-bill-requires-crypto-miners-to-cut-emissions-or-face-fines
Arthur Morgan · 48w
IDIOTS
dvo · 48w
not quite sure how computers emit greenhouse gas but ok 🤣
Bitcoin Ranger · 48w
This will either be ineffectual or push miners overseas. They have to compete globally, and can’t be inundated with stupid regulations.
TheBitcoinBattery · 48w
Unnecessary for Bitcoin miners as the market incentives push the network towards renewables on their own. This will just add inefficiencies to the process of becoming a miner because you'll have to spend energy to prove your in compliance. A regulation being a useless waste of time.