Cryptocurrency

Cynthia Lummis Calls “Wyoming” to Bitcoin (BTC) Miners

Bitcoin (BTC) advocate Republican Senator Cynthia Lummis has invited Bitcoin miners to the state of Wyoming.

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Speaking to CNBC, Lummis mentioned that about 40% of Bitcoin mining can be used compared to traditional mining formulas that only use 12% of renewable power sources.

The senator described Bitcoin as an excellent invention that has spurred many innovations around it and should be embraced. It also gave support to El Salvador, which legalized Bitcoin. Lummis says US citizens can now more easily send money to relatives in El Salvador.

Lummis joins other pro-crypto lawmakers, such as Texas governor Greg Abbott and Miami Mayor Francis Suarez, who openly support the idea of ​​making payments using Bitcoin. He also believes that the benefits of mining outweigh the potential risks and can be an answer to the classic mining dangers.

The Senator’s Wyoming invitation to miners is in line with the international community’s agreement with countries to adopt the use of renewable power sources to curb the rising global warming index.

Following China’s ban on Bitcoin mining and trading, the United States experienced what has been termed the “great mining exodus” as Chinese miners tried to set up businesses in various US states, including Texas. It will be revealed in the coming days whether Lummis’s invitation will find a response among the miners.

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