• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Michigan Lawmaker Demonstrates Bitcoin Mining from Legislative Chamber

user avatar

by Giorgi Kostiuk

5 hours ago


Michigan state representative Matt Maddock is conducting Bitcoin mining directly from the legislative chamber, bringing attention to new cryptocurrency bills.

Michigan Lawmakers Begin Bitcoin Mining

In the state house of Michigan, Representative Matt Maddock is conducting a Bitcoin mining operation, which has become a topic of discussion. Maddock shared this initiative in a post on Twitter, highlighting the importance of integrating modern technologies into the legislative process.

Use of Bitaxe Gamma Device

The representative is using a Bitaxe Gamma device, specifically designed for home mining. This compact computer can produce up to 1.2 terahashes per second while consuming only 18 watts of electricity. The small size and low noise level make it suitable for office spaces and legislative floors.

Cryptocurrency Legislation in Michigan

As Maddock engages in mining, new legislative proposals are being discussed in the state aimed at supporting crypto investments and mining. One proposed bill permits the use of abandoned oil and gas wells for Bitcoin mining, requiring companies to properly seal the wells and restore the land after use.

Thus, Matt Maddock's activities and support for cryptocurrency legislation open new possibilities for leveraging technology within government agencies, potentially improving both the ecological situation and economic development in the region.

0

Share

Other news

Qubetics ($TICS): A New Face in the Market After Aptos (APT)

Qubetics ($TICS) offers a multi-chain wallet and appealing opportunities in the cryptocurrency sector.

user avatarGiorgi Kostiuk

a few seconds ago

SEC Initiates Comments for Franklin Templeton’s XRP and Solana ETFs

The SEC has opened public discussions for Franklin Templeton crypto ETFs. A decision on them is expected in July.

user avatarGiorgi Kostiuk

a few seconds ago

What Does Binance's Bitcoin Cloud Mining Launch Mean?

Binance has announced new Bitcoin cloud mining products starting June 22, 2023.

user avatarGiorgi Kostiuk

6 minutes ago

Why Ruvi AI Outperforms Avalanche and Attracts Investors

Ruvi AI draws attention from investors with its transparency and real-world solutions across various sectors.

user avatarGiorgi Kostiuk

10 minutes ago

Gemini Accuses CFTC of Abusing Legal Practices in Bitcoin Case

Gemini claims CFTC is abusing legal processes in a Bitcoin futures investigation, highlighting regulatory challenges faced by cryptocurrency firms.

user avatarGiorgi Kostiuk

11 minutes ago

XRP's Rise: Breaking $2.20 Resistance and Growing Investor Interest

XRP confidently breaks the $2.20 level, showing a trading volume increase of 158.93% and attracting investor attention.

user avatarGiorgi Kostiuk

12 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.