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    Chamber of Digital Commerce launches Digital Power Network miners’ coalition

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    Cryptocurrency miners have a new voice in Washington with the launch of the Digital Power Network (DPN), a new coalition partnered with the Chamber of Digital Commerce. The network is off to a great start, with many of the largest miners in the United States on board.

    DPN is the Chamber’s first affiliate, and shares many of the same team members. Its origins go back to the Chamber’s Mining Initiative, which “pioneered the introduction of the first pro-proof-of-work resolution in the US House of Representatives.”

    Rep. Pete Sessions’ resolution on proof-of-work crypto mining. Source: govinfo.gov

    Alena Ricci, vice president of marketing at the Chamber and head of marketing at DPN, explained to Cointelegraph that the resolution was submitted by Texas congressman Pete Sessions in March. “Bitcoin Mining plays a critical role in rebuilding energy independence in the USA,” Sessions tweeted at the time.

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    DPN debuted with 11 members – Argo, BitDigital, BitFarms, Coinmint, Cipher Mining, DigitHost, Hive, Marathon, Riot, Sustainable Bitcoin Protocol and Terawulf. Together they represent more than 50% of the US Bitcoin (BTC) hash rate, DPN said. According to a statement:

    “The Digital Power Network is leading policy advocacy for digital asset mining and shaping the future of energy policy. Its mission is to champion Bitcoin and blockchain technology to transform energy markets.

    DPN has its work cut out for it. A bill returned to Congress in March, before Sessions’ resolution, would require the Environmental Protection Agency to investigate crypto miners. The Biden Administration included a 30% tax on electricity used by crypto miners in its FY2024 budget, although that proposal may have been dropped.

    DPN will work with the Digital Energy Council, a lobbying group founded in August by former Chamber director of energy policy Thomas Mapes.

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