Representing Over 50% of U.S. Bitcoin Hash Rate, This Initiative is Set to Transform the Future of Energy Policy
Sept. 19, 2023 – The Chamber of Digital Commerce, an advocacy organization for digital innovation and blockchain technology, is proud to announce the launch of the Digital Power Network. This visionary consortium is poised to revolutionize the energy landscape by uniting the United States’ most prominent digital energy companies.
The Chamber of Digital Commerce believes in a world where digital asset mining will continue to decarbonize our planet, incentivize investments in renewable energy and stabilize the grid.
Perianne Boring, the Founder and CEO of The Chamber of Digital Commerce, expressed her enthusiasm about this monumental launch, saying, “We are thrilled to introduce our inaugural affiliate organization, the Digital Power Network. It’s fitting that our first affiliate focuses on digital asset mining, which has been a top priority for us since the Chamber’s inception nine years ago. Digital asset mining, at its heart, is both an energy and national security matter, and we firmly believe that Bitcoin will drive policies that unite all political stakeholders to advance this crucial industry in the United States.”
The Digital Power Network spearheads policy advocacy for digital asset mining and shapes the future of energy policy. Its mission is to champion Bitcoin and blockchain technology to revolutionize energy markets.
As the foremost policy organization in the digital mining landscape, its membership includes organizations such as Argo, BitDigital, BitFarms, Coinmint, Cipher Mining, DigitHost, Hive, Marathon, Riot, Sustainable Bitcoin Protocol, and Terawulf.
“At its core, Bitcoin mining converts stranded, low-cost energy into a valuable commodity, which is why our industry has tremendous potential to help foster an energy renaissance in America. For our country to remain competitive, we need the right public policy outcomes,” said Jason Les, CEO of Riot. “We are pleased that the Digital Power Network is giving a much-needed, specialized voice to our uniquely flexible, innovative companies that are revitalizing rural communities and securing the global Bitcoin network.”
The Digital Power Network already has a proven track record of policy wins under its belt, such as pioneering the introduction of the first pro-proof-of-work resolution in the U.S. House of Representatives.
“Having a voice like the Digital Power Network in Washington is important for ensuring that the perspectives of digital energy stakeholders are considered,” said Fred Thiel, CEO of Marathon.
The Chamber of Digital Commerce is proud to continue to lead the conversation in digital energy advocacy and policy transformation. With the Digital Power Network at the forefront, the United States is poised to lead the way in the digital energy revolution.
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Founded in 2014, the Chamber of Digital Commerce is the original and preeminent digital assets trade association. With over 200 blue-chip members, The Chamber of Digital Commerce’s mission is to ensure that the United States remains the top domicile for digital assets and blockchain technology. We work relentlessly to educate and assist policymakers and regulatory agencies, while advocating for the industry. Our goal is to develop a pro-growth legal environment that fosters innovation, jobs and investment.