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US Senate bill threatens crypto, AI data centers with fees — Report

cryptoweekly by cryptoweekly
April 11, 2025
in bitcoin, News
0

The bill has yet to pass in the US Senate but comes as Bitcoin miners are increasingly foraying into servicing AI models.

Draft legislation in the US Senate threatens to hit data centers serving blockchain networks and artificial intelligence models with fees if they exceed federal emissions targets, according to an April 11 Bloomberg report. 

Led by Senate Democrats Sheldon Whitehouse and John Fetterman, the draft bill purportedly aims to address environmental impacts from rising energy demand and protect households from higher energy bills, Bloomberg said.

Dubbed the Clean Cloud Act, the legislation mandates that the Environmental Protection Agency (EPA) set an emissions performance standard for data centers and crypto mining facilities with over 100 KW of installed IT nameplate power.

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Recent Posts
  • Solana SSK ETF breaks $100M as Wall Street warms to crypto staking
  • PNC Bank to launch crypto trading via Coinbase partnership
  • Opendoor’s 500% surge signals return of meme stock mania
  • SpaceX moves $153M in BTC after three-year silence
  • US Senate Republicans release draft bill for crypto market structure
  • Microsoft publishes emergency patches for its SharePoint software amid attacks
  • Senator Cynthia Lummis says the CLARITY Act will provide regulatory clarity for investors 

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