Senators Cynthia Lummis and Bill Cassidy have introduced the "Mined in America Act," aiming to enhance Bitcoin mining operations within the United States. The proposed legislation seeks to establish a national strategic Bitcoin reserve, leveraging BTC confiscated by the Department of the Treasury. This initiative is part of a broader effort to strengthen the U.S. position in the digital asset sector and secure supply chains.
The bill instructs the Department of Commerce to create a certification program for mining pools and data centers, promoting transparency and efficiency. It also mandates a shift away from foreign-manufactured mining equipment, emphasizing national security. This move is seen as a strategic effort to maintain the U.S.'s dominance in global hashrate and protect its blockchain infrastructure from foreign competition.
U.S. Senators Introduce 'Mined in America Act' to Boost Domestic Bitcoin Mining
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