In the evolving landscape of U.S. policy, crypto miners emerge, crafting the Digital Energy Council. Their quest? Navigating the murky waters of impending crypto regulations. Through the newly established council, they’ll champion policies that embrace sustainable energy, fortify the grid, uphold American competitiveness, and safeguard national interests, as articulated in their recent proclamation.
However, there’s a growing storm: President Joe Biden’s administration. The current White House advocates for a hefty 30% tax on mining operations, condemning their societal consequences. Their critics? Not just the President, but a band of Democratic legislators condemning their environmental footprint.
Enter Tom Mapes. Founder. President. Former energy policy maestro at the Chamber of Digital Commerce. He illuminates a missed nuance: “The synergy between digital asset miners and energy moguls, pivotal for a robust energy infrastructure, gets sidelined in policy dialogues.” Not just an advocate, Mapes has a storied past; he once steered the ship at the U.S. Department of Energy’s International Affairs. His declaration? “For a balanced grid, the voices of energy and digital mining must resonate in the federal corridors.”
From the bustling streets of Washington, Mapes embarks solo for the Council, championing a singular message: digital asset mining isn’t just bytes and codes; it’s a tangible instrument aligning with U.S. energy aspirations.
And who stands alongside this new council in the heart of Washington, D.C.? Meet Zach Bradford, head honcho at CleanSpark (CLSK) – a beacon in the frosty crypto chill. “Our strength?” he quips in a message, “Unity. Politics isn’t a solo journey; the broader our alliance, the mightier our stride.”