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Senator Cynthia Lummis to Address US Competitiveness in Bitcoin Mining at Washington D.C. Event

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United States Senator Cynthia Lummis to Headline Bitcoin Policy Summit in Washington D.C.

In an exciting development for the Bitcoin industry, United States Senator Cynthia Lummis (R-WY) is set to appear 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. The event, known as The Bitcoin Policy Summit, is organized by The Bitcoin Policy Institute (BPI) and is scheduled to take place on April 9th, 2024 at the National Press Club.

Senator Lummis has been a vocal supporter of bitcoin mining, emphasizing its benefits for America’s energy grids and the development of new energy resources. Her participation in The Bitcoin Policy Summit underscores her commitment to supporting the Bitcoin industry and advocating for sound monetary policy.

The Summit will feature presentations from global human rights activists, academics, and technology leaders, with the goal of setting the record straight on Bitcoin in the context of federal and local policymaking. Interested parties can apply to attend the Summit and receive a discount on tickets by using the code “bmag21.”

In a statement, David Zell, co-founder of BPI, praised Senator Lummis for her foresight as a Bitcoin advocate, highlighting her understanding of the importance of getting public policy for digital assets right.

The Bitcoin Policy Summit comes at a time of heightened tensions surrounding Bitcoin and bitcoin mining, with the Biden administration’s proposed survey of bitcoin miners’ energy use sparking controversy. The emergency survey proposal was dropped following pushback from industry representatives, including Riot Platforms and the Texas Blockchain Council.

Bitcoin Magazine, in collaboration with BPI, will livestream the Summit on social media platforms such as Twitter and YouTube. To learn more about the Bitcoin Policy Summit and to register for the event, visit https://www.btcpolicysummit.org/.

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