HRES 238
Expressing the sense of the House of Representatives regarding the importance of Proof-of-Work mining, used for certain cryptocurrencies such as Bitcoin, to the United States ability to achieve its energy goals and grow its economy.
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Bill overview
This resolution expresses the House of Representatives’ belief that Proof-of-Work (PoW) mining, used in cryptocurrencies like Bitcoin, is important for the United States’ energy goals and economic growth. It highlights PoW’s role in maintaining blockchain security and its potential to contribute to energy independence and grid stability. The resolution also addresses concerns about energy consumption, citing examples of Bitcoin miners reducing usage during grid stress events and utilizing low-cost energy sources.
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