Senator Cynthia Lummis to Discuss US Competitiveness in Bitcoin Mining at Bitcoin Policy Summit

United States Senator Cynthia Lummis (R-WY) is set to make an appearance in Washington D.C. alongside Fred Thiel, CEO of Marathon Digital Holdings, to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States. This news comes following Senator Lummis’s previous statements in support of bitcoin mining earlier this year, where she emphasized the benefits it brings to America’s energy grids and the development of new/stranded energy resources.

Senator Lummis has been a vocal supporter of the Bitcoin industry, consistently advocating for sound monetary policy and the importance of digital assets in the American economy. In a recent statement, she reiterated her stance, stating, “I’m pro-America. I’m pro-freedom. I’m pro-hard money… I oppose the debasement of Americans’ money.”

The Bitcoin Policy Summit, organized by The Bitcoin Policy Institute (BPI), is scheduled to take place on April 9th, 2024, at the National Press Club in Washington D.C. The summit aims to address the current partisan tensions surrounding Bitcoin and bitcoin mining, particularly in light of the Biden administration’s proposed emergency survey of bitcoin miners and their energy use.

In addition to Senator Lummis and Fred Thiel, the summit will feature presentations from global human rights activists, academics, and technology leaders, all with the goal of clarifying the role of Bitcoin in federal and local policymaking. The event will be livestreamed via social media platforms such as Twitter and YouTube.

David Zell, co-founder of BPI, commended Senator Lummis for her foresight as a Bitcoin advocate, noting her understanding of the importance of getting public policy for digital assets right. He highlighted her support for Bitcoin even when others were predicting its demise, emphasizing the significance of Bitcoin and its regulation.

Interested parties can apply to attend the 2024 Bitcoin Policy Summit and receive a discount on tickets by using the code “bmag21.” For more information about the summit, visit the official website at https://www.btcpolicysummit.org/. The event promises to be a crucial gathering for stakeholders in the Bitcoin industry and those interested in the future of digital assets in the United States.