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US House Resolution: Proof-of-Work Mining for Energy and Economic Growth

This House of Representatives resolution highlights the importance of Proof-of-Work (e.g., Bitcoin) cryptocurrency mining for the United States' energy goals and economic growth. It suggests that this technology can support grid stability and create new jobs, contributing to the nation's energy independence.
Key points
Proof-of-Work mining can aid energy and infrastructure development, enhancing national security.
This technology can stabilize the power grid by utilizing excess energy and reducing consumption during peak demand.
Investments in this industry can create new, high-paying jobs and foster technological development in areas that need it most.
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Expired
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Additional Information
Print number: 118_HRES_238
Sponsor: Rep. Sessions, Pete [R-TX-17]
Process start date: 2023-03-21
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Expressing the sense of the House of Representatives regarding the importance of Proof-of-Work mining, used for certain cryptocurrencies such as Bitcoin, to the United States ability to achieve its energy goals and grow its economy.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HRES_238.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-21.

What are the main provisions?

Key points include:

  • Proof-of-Work mining can aid energy and infrastructure development, enhancing national security.
  • This technology can stabilize the power grid by utilizing excess energy and reducing consumption during peak demand.
  • Investments in this industry can create new, high-paying jobs and foster technological development in areas that need it most.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Sessions, Pete [R-TX-17].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy Environment Public Investments