NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

Research Explains Bitcoin Mining Could Be Helpful For US Energy Independence

Anthoniyan B
Anthoniyan B
1 year ago
2 mins read
Research Explains Bitcoin Mining Could Be Helpful For US Energy Independence

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Pete Sessions, Texas rep, stated clearly that the growth of the Bitcoin mining sector could expand energy independence in the US.

US Congressman Peter Sessions has graced the public with an audacious statement on Bitcoin mining in the country. Pete suggests that Bitcoin mining will significantly impact the United States’ power independence in his commentary.

In a tweet, the Texan rep, a Bitcoin mining supporter, took to the public on Tuesday, announcing that Bitcoin mining plays a vital role in redeveloping the United States’ energy independence. His statement attracted tons of reactions from both critics and proponents.

Related Reading | Malice Or Ignorance? The New York Times Keeps Printing Lies About Bitcoin Mining

Among the proponents was Senator Cynthia Lummis of Wyoming, who retweeted the post and commented on the tweet with a brief “Indeed.”

Both Lawmakers Have Commented An Innovation Of The Crypto Industry

Both Statespersons have been outward supporters of policies that promote further development in the crypto sector.. Currently, United States residents struggle with exorbitant gas prices because of global tensions. Thus, debates have been spurring about how the United States can minimize its reliance on external energy providers.

Impact Of Texas Bitcoin Mining On The Economy

Session’s perspective highpoints an increasing volume of research that suggests the developments from the Bitcoin mining sector could impact industrial energy production and consumption on a global scale.

Presently, Texas has arisen to contribute more than 14% of the US’s total Bitcoin hash rate. The Texas electrical grid’s stability and the impact of miners on the environment have emerged at the frontline of the increasing criticism. This is happening just similarly to other crypto mining hubs across the world.

Regardless of these concerns, several researchers have projected that Texas’s increasing Bitcoin mining industry could minimize its net energy demands and environmental impact on the mainstream energy grid.

Related Reading | TA: Ethereum Gains Traction, A Strengthening Case For More Gains
Bitcoin trading above $47k on the daily chart | Source: BTCUSD on TradingView.com

In March 2021, a research paper outlined how versatile data centers could endorse renewable energy resources. A flexible data center produces its power either from a smaller specific renewable power plant or receives energy from the grid, depending on the power grid’s present state.

United States EIA’s Data

Data from the United States EIA (Energy Information Administration), Texas emerged as the country’s top wind power generator.

Thus, crypto miners may already have the renewable energy they require. Transferring the crypto miners to use the flexible data center structure could rally expansion in renewable energy reliability and accessibility.

Related Reading | TA: Ethereum Gains Traction, A Strengthening Case For More Gains

Software innovations company Lancium released similar research in October 2021. It concluded that the growth of the crypto mining industry and the increase in flexible data implementation. It would inhibit energy grid shortages while simultaneously increasing the development of renewable energy resources.

Featured image from Pexels, chart from TradingView.com
Tweet123Share196ShareSend
Anthoniyan B
Anthoniyan B

Anthoniyan B

Anthoniyan began writing cryptocurrency news several years ago. She continues to share her passion for cryptocurrencies through her work.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play

Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play

Bitcoin is holding above the $110,000 level after a turbulent Monday that saw billions of dollars in liquidations across the...

Sebastian Villafuerte 2 hours ago
Binance's Aster Soars 1800% in a Week Despite Market Crash: Is Bitcoin Hyper Next?

New Perpetual DEX Protocols Avantis & Aster Surge Amid Market Pullback with Bitcoin Hyper Ready to Launch

DeFi comes and goes, but the latest developments in the sector have surprised even experienced players. The perpetual DEX (decentralized...

Aaron Walker 3 hours ago
Trump crypto pensioenplan in gevaar? SEC bespreekt deadline

Trump crypto pensioenplan in gevaar? SEC bespreekt deadline

De spanning in Washington loopt op nu het Congres druk uitoefent op de Securities and Exchange Commission (SEC). De SEC...

Lars Diederiksen 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

xrp-etf-en-preparation-snorter-token-effet-bull-run

XRP ETF en préparation : Snorter Token profite déjà de l’effet bull run

evanss 9 minutes ago
Ethereum

Analyst Predicts Ethereum Price Will Reach $33,000 As ETH Founder Forecasts ‘Google Moment’

Scott Matherson 42 minutes ago
Bitcoin Faces Pressure as Taker Ratio Hits Lowest Level Since Last Cycle’s Peak

CEO Dismisses September Crash, Reveals Why The Bitcoin Price Is Headed For $150,000

Sandra White 1 hour ago

Premium Sponsors

Press Releases

  • Sezonul altcoin este aici. Acești trei factori sunt văzuți ca motoare ale raliului

    Sezonul altcoin este aici. Acești trei factori sunt...

    2 hours ago
  • ドージコイン 今後の価格予測:ウォールストリートが注目する「1ドル圏」への道

    ドージコイン...

    4 hours ago
  • Сезонът на алткойните е тук. Три фактора се очаква да задвижат ралито

    Сезонът на алткойните е тук. Три...

    4 hours ago
  • リップル 今後の価格に重大な不安要素、新たに注目すべき仮想通貨とは

    リップル...

    5 hours ago
  • 投資家から1,700万ドル超を調達した注目の仮想通貨プレセール

    ...

    5 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.