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Moralis Money
$2,563,721,503,964
Market Cap
$102,685,933,100
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
The Coin Rise 2025-04-13 15:06:30

‘Clean Cloud Act’ Targets Crypto Miners: Cut Emissions or Pay the Price

‘Clean Cloud Act’ Targets Crypto Miners: Cut Emissions or Pay the Price

The U.S. Senate has received a bill targeting crypto mining facilities and Artificial Intelligence (AI) data centers. The draft bill , titled the “Clean Cloud Act of 2025,” aims to cut emissions from crypto miners’ activities and encourage them to use renewable energy. Crypto Mining: Emission Caps and Renewable Energy Mandates Notably, the bill introduced by two Democratic Party senators, Sheldon Whitehouse and John Fetterman, seeks to amend the Clean Air Act. In the draft, the senators propose that all crypto miners cut down their emissions by 2035. The penalty for not meeting the set deadline will result in fines being paid by the erring crypto-mining facility. The bill will set emission caps by the end of this year and progressively see it lowered annually by 11% until it hits zero in 2035. An interesting aspect of the penalty for those who flout the law is that they would not be allowed to pass on the costs imposed by the fine to customers. The authorities would use the collected funds to subsidize increases in residential electricity costs. This would come in the form of grants to local municipalities and research in clean energy utilization. Bill Targets Crypto and AI’s Environmental Toll According to the official X handle of the Democrats in the Senate Committee on Environment and Public Works, “crypto and AI data centers” drive up energy prices for families. They should support clean energy and stop burning fossil fuels. As per the bill, these crypto-mining facilities would provide comprehensive annual reports about their electricity consumption and sources. The goal is to enable the EPA to calculate each facility’s greenhouse emissions volume. The fines for violators will affect the facility’s user or tenant, not the landlord. Bitcoin mining and power consumption have remained a major concern worldwide. Miners’ activity has a huge impact on the nation’s electricity grid. Partisan Divide and Industry Pushback Expected Although the bill has been introduced in Congress, many expect Republican Senators to oppose it. The Republicans might want to side with President Donald Trump, who has signaled interest in making the U.S. the world’s leading Bitcoin mining hub. Additionally, Trump’s eldest sons recently indicated plans to list their own Bitcoin mining company publicly. So, many expect intense lobbying that could block the bill from passage. The post ‘Clean Cloud Act’ Targets Crypto Miners: Cut Emissions or Pay the Price appeared first on TheCoinrise.com .

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$2,563,721,503,964
Market Cap
$102,685,933,100
24h Vol
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