$BTC

Bitcoin miners are uniquely positioned to help reduce emissions by harnessing stranded and wasted energy sources, and the FLARE Act ensures that American energy producers have the tools to deploy cutting-edge solutions that make our energy markets more efficient and resilient.”

The FLARE Act also includes a provision prohibiting entities owned by China, Iran, North Korea, or Russia from utilizing this cost recovery option. This concern over certain rival nations profiting from the U.S. policy was mirrored in one of the following day’s bills.