Close Menu
  • Home
  • Technology
    • Technology
    • Finance
    • Research
    • Learn
  • Trending News
  • People
  • Markers
  • Policy
  • All Posts
What's Hot

SOL GameFi: A Golden Opportunity in the Making | Leisure Fun Game Opens a New Chapter

Leisure Fun Game is making waves

AI Crypto Advisor Unveils zk-Proof Crypto Prediction Framework, $WISE Token Powers Ecosystem Utility

Facebook X (Twitter) Instagram
  • Home
  • Technology
    • Technology
    • Finance
    • Research
    • Learn
  • Trending News
  • People
  • Markers
  • Policy
  • All Posts
Facebook X (Twitter) Instagram Pinterest Vimeo
Block Matrix
  • Home
  • Technology
    • Technology
    • Finance
    • Research
    • Learn
  • Trending News
  • People
  • Markers
  • Policy
  • All Posts
Subscribe
Block Matrix
You are at:Home » US Senate Democrats Propose Legislation to Reduce Emissions from Cryptocurrency Mining
Trending News

US Senate Democrats Propose Legislation to Reduce Emissions from Cryptocurrency Mining

By adminApr. 14, 2025No Comments3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
US Senate Democrats Propose Legislation to Reduce Emissions from Cryptocurrency Mining
US Senate Democrats Propose Legislation to Reduce Emissions from Cryptocurrency Mining
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

US Senate Democrats Draft Bill to Curb Crypto Mining Emissions

Two Democratic Senators have introduced the “Clean Cloud Act of 2025” to address the escalating energy emissions from crypto mining.

On April 11, Senators Sheldon Whitehouse and John Fetterman drafted the bill, seeking to curb emissions from crypto mining and AI data centers. The legislation aims to impose fines on facilities that use non-renewable energy sources, by 2035.

The bill also mandates annual reporting from mining facilities and data centers that use over 100 kilowatts of power. Further, the facilities must also provide details of electricity sources, consumption data, and the intensity of emissions.

“There is a lack of transparency regarding the energy sources used to power domestic crypto mining and many data center operations,” the bill read.

Data Centers Account for 4% US Electricity Use: Congress Finds

According to Congress estimates, US-based data centers are projected to account for up to 12% of the nation’s electricity use by 2028.

“The total network hash rate for Bitcoin mining in the US has increased 739% between September 2020 and January 2022.”

The findings also said that data centers are estimated to account for approximately 1% of global electricity demand, and 4% of US electricity usage.

Bill Aims to Lower Mining Emissions to Zero by 2035

The draft bill amends the initial Clean Air Act requiring facilities to adhere to different emissions caps as laid out in the Department of Energy’s National Transmission Needs Study.

The emission caps would be set by the end of this year, the bill said, adding that it would lower by 11% each year until reaching zero in 2035.

Those facilities that exceed the emissions caps would be imposed with inflation-adjusted fees. The penalty depends on how much their emissions exceeded the caps, the legislation noted.

These fees would then be used to reduce increases in residential electricity costs through grants to states and local municipalities.

“Crypto & AI data centers can support clean energy, but they’re burning more fossil fuels & driving up families’ energy prices instead,” Senate Committee on Environment and Public Works wrote on X.

“We can lead on AI & climate safety with Senate Whitehouse’s Clean Cloud Act, which ensures that the industries profiting also pay their own way.”

Besides, the bill from Democratic Senators might likely face opposition from Republicans. President Trump stressed last year that he wants all future Bitcoin to be minted in the U.S.

Further, Trump’s eldest sons are involved in the crypto mining industry as well. Energy infrastructure platform Hut 8 Corp. announced the launch of American Bitcoin Corp, an industrial-scale Bitcoin mining venture, in partnership with Eric Trump and Donald Trump Jr.

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleTop Meme Coins with 100x Potential Priced Below $0.01
Next Article Kraken Introduces Commission-Free Stock and ETF Trading in the United States

Related Posts

SOL GameFi: A Golden Opportunity in the Making | Leisure Fun Game Opens a New Chapter

Apr. 30, 2025

Leisure Fun Game is making waves

Apr. 30, 2025

AI Crypto Advisor Unveils zk-Proof Crypto Prediction Framework, $WISE Token Powers Ecosystem Utility

Apr. 30, 2025
Top Posts

Exclusive Interview with tZero CEO Saum Noursalehi

Dec. 18, 2019

A Dialogue with SigmaChain’s CEO: Unveiling Kwak Jin Young

Dec. 19, 2019

Digital Asset Insights: Unveiling Key Takeaways from Michel Lee, Executive President of HashKey Group

Jun. 1, 2021

Indian Banks Clamp Down on Crypto Transactions; Traders Lose Interest

Sep. 23, 2021
Don't Miss
Trending News Apr. 30, 2025

SOL GameFi: A Golden Opportunity in the Making | Leisure Fun Game Opens a New Chapter

As the crypto market enters a new phase of stability, GameFi is quietly redefining how…

Leisure Fun Game is making waves

AI Crypto Advisor Unveils zk-Proof Crypto Prediction Framework, $WISE Token Powers Ecosystem Utility

FHEP – Fully Homomorphic Encryption Protocol: Building the Trust Operating System for an AI Agentic World

Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Website Introduction
Website Introduction

Discover in-depth coverage from Block Matrix, encompassing the latest developments in digital assets, blockchain technology, and cryptocurrency markets. We provide unique insights and professional analysis to help you understand global trends in the digital economy and technological innovation.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

SOL GameFi: A Golden Opportunity in the Making | Leisure Fun Game Opens a New Chapter

Leisure Fun Game is making waves

AI Crypto Advisor Unveils zk-Proof Crypto Prediction Framework, $WISE Token Powers Ecosystem Utility

Most Popular

Canary Files S-1 for $PENGU and Pudgy Penguins NFT Exchange-Traded Fund

Mar. 20, 2025

Altcoins Outshine Bitcoin with Uniswap Starknet and BNB Leading the Way

Jun. 5, 2024

Deciphering Ethereum ETFs 3 Key Fascinating Factors for Astute Investors

Jul. 24, 2024
© 2025 Block Matrix All rights reserved.
  • Home
  • Technology
    • Technology
    • Finance
    • Research
    • Learn
  • Trending News
  • People
  • Markers
  • Policy
  • All Posts

Type above and press Enter to search. Press Esc to cancel.