Texas representative Pet Sessions made a simple but powerful statement that the proliferation of the Bitcoin mining industry could advance energy independence in the USA.
The Republican congressman from Texas made a bold statement about the impact of bitcoin mining not only on his state but on the United States as a whole, according to the Coin Telegraph.
The Texas representative, a supporter of Bitcoin (BTC) mining, tweeted on Tuesday that Bitcoin mining will play an important role in rebuilding energy independence in the United States. American.
Sessions' statement was met with mixed reactions from both supporters and detractors. Wyoming Republican Senator Cynthia Loomis was among the supporters who responded briefly to his tweet already.
Both lawmakers have been vocal advocates of policies that support innovation in the cryptocurrency industry, and not just miners. As US consumers suffer a sharp rise in gas prices due to global tensions, debate has escalated over how the country can reduce its dependence on external energy sources.
Sessions' view highlights a growing body of research suggesting that innovations from the bitcoin mining industry could have global applications in industrial energy consumption and production.< /p>
With Texas now contributing more than 14% of the country's total Bitcoin hash rate, the stability of the state's electrical grid and the environmental impact of miners are at the forefront of growing criticism, As happened in other mining centers around the world.
Despite these concerns, several researchers have suggested that the growing mining market in Texas could reduce the net environmental impact and energy demand on the public power grid.< /p>
A March 2021 research paper detailed how resilient data centers can boost renewable energy resources. A flexible data center generates its own power from either a small dedicated renewable power plant or draws power from the grid depending on the current state of the grid.
According to the US Energy Information Administration (EIA), Texas is already the largest wind power generator in the country. Therefore, miners may already have access to renewable energy when needed. Encouraging miners to use a resilient data center model could also spur greater growth in access to and reliability of renewable energy.