Bitcoin mining is green and sustainable enough according to Bitcoin Mining Council Q3 2021 report. It is more better than many other industries.

The Q4 2021 report will be released very soon and there is a link to a Youtube video on 19 Jan 2022: https://www.youtube.com/watch?v=3ZP3aXUnEoo

End the Fud about Energy against Bitcoin

Despite all the dangerous industries that have been producing incredible pollution and destroying the environment for more than 70 years, all these fake experts and hypocrites choose Bitcoin as the main reason for their fight against greenhouse gases. I find it hard to believe that all these hypocrites are so stupid that they can’t understand the most basic math, so I would conclude that they are mercenaries of the banking system and servants of various anti-Bitcoin coalitions operating worldwide.

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I hoped that after China, the whole system would become more decentralized, and the opposite happened. I hope that after all, some strange decisions and laws will not follow, because from some other cases it is evident that US politicians generally have no idea about such things.

Thank you for posting this. I wouldn't know that there would be this kind of hearing if it wasn't for you, OP. I had already set a reminder so I could watch it.

Anyway, we all know all the posts that could help the case on this, and I hope that this way, this is going to be helpful towards proving BTC is better everywhere.

sounds like they have already set the agenda (cleaning up crypto) and set the narative as to why (energy impact), before even discussing if its even an impact or a problem or something needing to be handled.

if the hearing was more like:
"blockchains energy use, good or bad" then it would be more unbias. but i think they are looking more so into actualy cracking down on mining.

..
for me i see it as this. mining farms dont use the allotted 'residential' capacity of the national grid. they instead purchase from the industrial or excess capacity.
the excess capacity usually goes unused/unpaid, meaning a loss for energy companies. but by having asic farm using it and paying it increases the energy companies profits and thus gives them more money to upgrade and expand capacity..

also most asic farms set up in regions that use renewables. so the "climate" argument is near moot in most cases

but hey, by the title of the hearing it already seems bias toward the negative

lets just hope they use this hearing to incentivise asic farms in fossil fuelled regions to move to renewable regions. or incentivise fossil fuel region power plants to convert to renewable... instead of ban asic farms as a whole.

after all the climate 'solution' is not to tell everyone to stop using electric.. but instead to get the electricity producers to change how its produced

Politicians won't send them to school, since uneducated people is easier to manipulate every 4 years...
And as long as garlic, holy water and such are still getting on TV as remedies for viral infections in the XXI-th century, I have a feeling that our expectations vs "the world" are, unfortunately, a bit high.

The title of the hearing does not show it is an investigation or fact finding mission. "Cleaning Up Cryptocurrency" shows that cryptocurrency has being judged before the judgement. Anyways, let us keep the hope alive.
Who or which counsels are representing bitcoin? Who will intercede for bitcoin?

The argument that Bitcoin has a bad impact on the environment boils down to the mainstream media continuing to try to stop mining operations. It is no longer strange for us to dismiss things that emerge from the news that they try to distort the facts.

If we talk about the impact of the mining industry, we compare it with executives who continue to oversee the mining of gold, oil, natural gas, coal, nickel, iron ore, tin, silver, and copper. Simply put, we can see from changes in environmental conditions such as soil, air, and water. Isn't that all damaging and detrimental to human, animal, and plant life?

Then what is the most dangerous impact of Bitcoin mining?
Waste of electricity? Don't be afraid to run out of your wits, as El Salvador is mining Bitcoin using volcanic energy.

I watched the entire hearing and it was surprisingly positive toward mining and cryptocurrencies. There were no environmentalists testifying and very little discussion on environmental impact, and minimal discussion on any negative impact of energy usage.

I suspect that there will be other hearings in which the environmentalists will get their chance to speak.

The representative from Virginia even asked the Bitfury speaker to talk to him later about building mining operations in Virginia.

It is a pity that all these hypocrites did not show up to get entangled in their lies - and if they need legal help, they should turn to the Swedish government, which has been trying for months to persuade other EU members to ban crypto mining.

having watched the 2 hour video. many things were stated wrong, many seemed positive.
i didnt feel that it was a war against crypto. but more of an intro to further discussions.

i found things funny that they worry about 'grid operators' able to meet the demand of crypto..
yet the ~38TWH worldwide(better guess) is nothing in comparison to other industries.

EG if people travel on average 20miles a day for work/leisure. an electric car scenario of all 290million cars being EV in a decade, would need over 1000TWH a year just for the US
 
if governments think 38twh WORLDWIDE (14TWH US) is a problem now.. yes US only 14twh.. . then they have a real problem in the electric car plan for 2030 which would need over 1000twh

14 vs 1000. i think they need to concentrate more on regulating and making the EV industry more efficient