The Chamber of Digital Commerce, an advocacy group for digital innovation and Bitcoin, has unveiled a brand new initiative often known as the Digital Energy Community.
The Digital Energy Community’s major mission is to advocate for Bitcoin mining and drive ahead productive power coverage, aiming to revolutionize power markets by championing Bitcoin. The core perception behind this endeavor is that Bitcoin mining may also help encourage investments in renewable power, and improve grid stability.
Boasting a robust membership roster together with business giants corresponding to Argo, BitDigital, BitFarms, Coinmint, Cipher Mining, DigitHost, Hive, Marathon, Riot, Sustainable Bitcoin Protocol, and Terawulf, this consortium represents over 50% of the U.S. Bitcoin hash fee and goals to reshape the power panorama whereas driving the way forward for power coverage in Washington.
“We’re thrilled to introduce our inaugural affiliate group, the Digital Energy Community,” mentioned Founder and CEO of The Chamber of Digital Commerce, Perianne Boring. “Digital asset mining, at its coronary heart, is each an power and nationwide safety matter, and we firmly imagine that Bitcoin will drive insurance policies that unite all political stakeholders to advance this significant business in the USA.”
By way of advocacy, partnerships and schooling, the Digital Energy Community is making an attempt to make actual coverage change in Washington. Their goal is to “forge a strong alliance encompassing policymakers, regulators, media influencers, and financial stakeholders,” a spokesperson for the Digital Energy Community instructed Bitcoin Journal.
With a collective voice, they may work with coverage makers to get coverage that makes an actual distinction for Bitcoin miners.
Jason Les, CEO of Riot, underlined the transformative potential of this initiative to push ahead useful Bitcoin mining coverage in the USA, stating, “At its core, Bitcoin mining converts stranded, low-cost power right into a priceless commodity, which is why our business has large potential.”
With this initiative, the Chamber of Digital Commerce goals to steer the dialog in digital power advocacy and coverage transformation. Fred Thiel, CEO of Marathon, additionally highlighted the significance of the Digital Energy Community, stating “Having a voice just like the Digital Energy Community in Washington is vital for making certain that the views of digital power stakeholders are thought of.”
The Digital Energy Community desires to place the USA as a frontrunner within the digital power revolution, aligning financial progress with environmental sustainability.
The initiative has already made its mark on the coverage entrance, notably by pioneering the introduction of the primary pro-proof-of-work decision within the U.S. Home of Representatives.