Bitcoin miners refute charges made to the EPA administrator by US Democratic politicians.

The Bitcoin Mining Council claims that legislators can’t tell the difference between a data center and a power plant in a memo written by Michael Saylor, Nic Carter, and Darin Feinstein.

The Bitcoin Mining Council (BMC) wrote a letter to US Environmental Protection Agency (EPA) Administrator Michael Regan last month in response to a letter from Democratic senators attempting to correct misinformation regarding Bitcoin (BTC) mining and its environmental effect.

The BMC letter, which has over 50 signers and was written by MicroStrategy CEO Michael Saylor, Castle Island Ventures partner Nic Carter, and Darin Feinstein of Core Scientific, outlines apparent misunderstandings in the material delivered to Regan. The writers said, among other things, that the original letter, which was signed by Democratic Representative Jared Huffman and 22 other members of Congress, “confuses datacenters with power-producing facilities.”

The letter from the Democrats asks the EPA to verify that digital asset miners follow “foundational environmental regulations like the Clean Air Act or the Clean Water Act,” and goes on to raise other issues about cryptocurrency mining, including electrical waste and noise pollution. The BMC letter focuses on eight topics and responds in detail to each of them.

The initial letter’s claim that Bitcoin mining operations throughout the country are “polluting communities” is incorrect, according to the industry association. Bitcoin mining operations, according to BMC, do not pollute the environment; rather, electricity-producing facilities do. The failure to make such a distinction is mentioned several times. The writers also dispel what they consider to be plain lies, such as the claim that “a single Bitcoin transaction could power the average US family for a month.”

However, in responding to the allegation that proof-of-stake (PoS) processing is less energy-intensive, BMC may have shown its own preconceptions.
The letter also mentions that many miners use high-performance computing, which has a wide range of uses outside of Bitcoin and digital assets.
All Bitcoin miners are welcome to join BMC, which is an industry group. It began in May 2021, when Michael Saylor convened a gathering of North American Bitcoin miners. There are 44 “advisory members” in the group at this time. It’s also released a number of reports on the impact of Bitcoin mining and proof-of-work in general on the environment. Some of the reports’ findings have been called into question.

Block Inc.’s Jack Dorsey, Fidelity Investments executive vice president Tom Jessop, Fordham Law School professor Donna Redel, Grayscale Investments CEO Michael Sonnenshein, and SkyBridge Capital founder Anthony Scaramucci also signed the BMC letter.