The U.S. should tackle the environmental issues of Bitcoin mining by supplying its fresh energy to prepare mining hubs, Mayor Francis Suarez stated.
Suarez discussed the ecological consequences of Bitcoin mining at a March 26 incident of this Unconfirmed podcast using cryptocurrency journalist Laura Shin. The mayor stated that the U.S. must mine Bitcoin for to federal security reasons.
"A component of the issue with Bitcoin is 90 percent of it isn't done in the USA. 90 percent of it is performed in nations which have filthy energy. So that is the main reason it's regarded as a filthy activity," Suarez said.
The official contended that the U.S. would improve this situation by supplying its renewable clean energy source to Bitcoin mining facilities and information centers. "We get atomic power, thus we've got energy. A fresh energy source that is essentially infinite," he explained.
Miami could set a Bitcoin mining hub as part of the federal security/environmental conservation target, Suarez said, including:
"It is to benefit from crypto community when we did more mining at the U.S. since we create clean energy so that it would alter that storyline and that lively and in the future you may observe solar and other sorts of technology that is clean. In my view, technology will create Bitcoin mining simpler."
Suarez is referred to as a significant proponent of this crypto sector from the U.S., backing numerous crypto initiatives in Miami, such as proposals enabling Miami taxpayers to cover taxes and get wages in Bitcoin.
Bitcoin's energy intake rate has been rising massively this season past Bitcoin hitting new historic cost levels, renewing disagreements within the cryptocurrency's ecological problems. In mid-March, Bank of America analysts contended that Bitcoin is a environmentally devastating asset, claiming the carbon footprint of possessing a single BTC is equal to possessing 60 cars.