The US Senate proposes to impose emission fees on high-energy-consuming data centers, which may affect Bitcoin mining companies

Planet Daily News: U.S. Senate Democrats have proposed the Clean Cloud Act draft, aiming to levy fees on data centers supporting blockchain networks and AI models that exceed federal emission targets. The bill requires the U.S. Environmental Protection Agency to establish emission standards for data centers and crypto mining facilities with IT nameplate power exceeding 100 KW, targeting a 11% annual reduction in emissions. Emissions beyond the limit will be fined $20 per ton of carbon dioxide equivalent, with the amount increasing by $10 annually due to inflation. Notably, Bitcoin mining companies including , , and are gradually shifting towards providing high-performance computing (HPC) power for AI models. The bill has not yet been passed in the Senate. (Bloomberg)