ICYMI: Bitcoin Mining Council rebuts House Democrats in letter to EPA
, a coalition of mining and mining-adjacent firms that seeks to push back on negative narratives in the public around mining. The group sent their own letter to the EPA today, saying the Representatives' letter is"premised on several misperceptions about Bitcoin and digital asset mining," and seeking to set the record straight.
Signatories included Block Head Jack Dorsey, Galaxy Digital's Mike Novogratz, Susquehanna's Global Head of Digital Asset Strategy G. Bart Smith, SkyBridge's Anthony Scaramucci, Fidelity's Tom Jessop and Benchmark Capital's Peter Fenton, among others.directly responds to seven points made in the Representatives' letter. These responses mainly contend with the idea that bitcoin mining generates carbon emissions.
If a data center is abiding by the regulations put forth by the agency, there's no reason it should be treated differently from other power-using processes, according to the signatories. They also take aim at the claim that a single Bitcoin transaction could power the average US household for a month.
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