Senator Cynthia Lummis to Speak on US Bitcoin Mining Demand at DC Summit

• Senator Lummis advocates US Bitcoin mining competitiveness at DC summit.
• Summit addresses Bitcoin’s role in US policy amid regulatory tensions.
• Livestreamed event promotes discourse on Bitcoin’s future in policymaking.

Senator Cynthia Lummis of Wyoming, a vocal supporter of Bitcoin, is scheduled to address The Bitcoin Policy Summit in Washington D.C. alongside Marathon Digital Holdings CEO Fred Thiel. The event aims to underscore the importance of maintaining the United States’ competitiveness in Bitcoin mining.

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Lummis’s participation follows her previous statements endorsing Bitcoin mining’s benefits for America’s energy infrastructure and the utilization of new energy resources. She has consistently advocated for sound monetary policies, emphasizing the importance of Bitcoin in preserving American prosperity.

The Bitcoin Policy Summit, organized by The Bitcoin Policy Institute (BPI), offers interested individuals an opportunity to delve into discussions surrounding digital assets and policymaking. David Zell, BPI’s co-founder, commended Lummis for her foresight in understanding the significance of Bitcoin and its regulation amid evolving political landscapes.

Set against the backdrop of heightened tensions over Bitcoin and mining regulations, the summit arrives amid the Biden administration’s proposed emergency survey of bitcoin miners’ energy consumption, subsequently retracted following industry pushback.

Scheduled for April 9th, 2024, at the National Press Club, the summit will feature presentations from global activists, academics, and technology leaders, aiming to clarify Bitcoin’s role in federal and local policymaking. Bitcoin Magazine, in partnership with BPI, will livestream the event across social media platforms, facilitating broader engagement and discourse on Bitcoin’s future.

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