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 main 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 might help encourage investments in renewable power, and improve grid stability.
Boasting a powerful membership roster together with trade giants akin 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. “It is becoming that our first affiliate focuses on digital asset mining, which has been a prime precedence for us for the reason that Chamber’s inception 9 years in the past. Digital asset mining, at its coronary heart, is each an power and nationwide safety matter, and we firmly consider that Bitcoin will drive insurance policies that unite all political stakeholders to advance this important trade in america.”
By advocacy, partnerships and training, the Digital Energy Community is trying to make actual coverage change in Washington. Their goal is to “forge a sturdy alliance encompassing policymakers, regulators, media influencers, and financial stakeholders,” a spokesperson for the Digital Energy Community informed Bitcoin Journal. With a collective voice, they are going to 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 america, stating, “At its core, Bitcoin mining converts stranded, low-cost power right into a useful commodity, which is why our trade has super potential to assist foster an power renaissance in America. For our nation to stay aggressive, we want the precise public coverage outcomes. We’re happy that the Digital Energy Community is giving a a lot wanted, specialised voice to our uniquely versatile, progressive corporations which might be revitalizing rural communities and securing the worldwide Bitcoin community.”
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 guaranteeing that the views of digital power stakeholders are thought of.”
The Digital Energy Community needs to place america as a pacesetter within the digital power revolution, aligning financial development 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.