The U.S. Department of the Treasury should study and report to Congress on the activity and impact of crypto miners from other countries on the global economy. Such a requirement is contained in a законопроекте by Senators Maggie Hassan and Joni Ernst.
The document is intended to raise government awareness of potential measures to boost U.S. competitiveness. Beyond the impact of mining on semiconductor supply chains and various technologies, lawmakers are also interested in understanding how cryptocurrencies are used in other countries.
Britain’s Argo Blockchain invests in the construction of a data center spanning 185 football fields in West Texas. Its capacity will be directed to bitcoin mining from renewable energy sources.
In the same state, a similar project is being implemented by Chinese BIT Mining Limited. In September the firm announced the construction of a mining center in Ohio.
Recently, Bitmain reached an agreement to supply 56,000 miners for use with partners in Georgia.
Earlier, Hassan sent a letter to a number of institutions expressing concern about the use of cryptocurrency as ransom payments to ransomware operators.
On September 21, the cryptocurrency exchange Suex’s site, its legal entities, and related to it 25 addresses in the Bitcoin, Ethereum and Tether networks were added to the U.S. sanctions list.
In September, the U.S. House of Representatives included a cryptocurrency provision in the defense budget bill.
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