The US Senate Democrats Bill to reduce encryption mining emissions – Tradingview News

Two Democratic Senators submitted the “Clean Cloud Law for 2025” to address escalating energy emissions from encryption mining.

On April 11, Senator Sheldon Whiteos and John Vitirman, who seek to reduce emissions from encryption data centers and artificial intelligence databases. Legislation aims to impose fines on facilities that use non -renewable energy sources, by 2035.

The draft law also imposes annual reports of mining facilities and data centers that use more than 100 kilowatts of energy. Moreover, facilities must also provide details about electricity sources, consumption data and emissions.

“There is a lack of transparency in terms of energy sources used to operate local coding mining and many data center operations,” which represent reading centers.

According to Congress estimates, the US -based data centers are expected to be up to 12 % of the country’s electricity use by 2028.

“The total retail rate for bitcoin extraction in the United States increased by 739 % between September 2020 and January 2022.”

The results also stated that data centers are estimated at about 1 % of global electricity demand, and 4 % of the use of electricity in the United States. Al -Bill aims to reduce mining emissions to zero by 2035

The draft law amends the initial clean air law that requires facilities to adhere to the various emissions covers as shown in the Ministry of Energy.

The draft law said that emissions will be determined by the end of this year, adding that it will decrease by 11 % every year until reaching zero in 2035.

These facilities that exceed emissions will be imposed with modified fees according to inflation. The legislation indicated that the punishment depends on the amount of its emissions that exceeded the hats.

After that, these fees will be used to reduce increases in residential electricity costs by granting to the local states and municipalities.

“Crypto & Ai databases can support clean energy, but it burns more fossil fuels and driving energy prices for families instead,” Book the Environment and Public Works Committee on the Senate on X.

“We can advance in the integrity of artificial intelligence and climate through the clean cloud law in the White Senate, which guarantees the industries that also benefit from their own way.”

Crypto & Ai databases can support clean energy, but they burn more fossil fuels and increase families’ energy prices instead. We can advance in the integrity of artificial intelligence and climate through the clean cloud law, ensuring that industries that also pay their own way. EPWCMTE Senate (EPWCMTE)

Moreover, the draft law is likely to face Democratic members of the Republican opposition. President Trump confirmed last year that he wanted to be the future bitcoin in the United States in the United States

Moreover, Trump’s largest sons also participate in the coding mining industry. HUT 8 Corp. On the launch of the American Bitco Corp, a Bitcoin mining project on a industrial scale, in partnership with Eric Trump and Donald Trump Junior.