Sec. 2. Findings
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/bill/119/s/1475/is/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Congress finds that— data centers are estimated to account for approximately— 1 percent of global electricity demand; and 4 percent of United States electricity use; the growing demand for information technology and artificial intelligence will increase the demand for data center services; the global COVID–19 pandemic has further increased the demand described in paragraph
(2)beyond previous projections; data centers are projected to account for up to 12 percent of United States electricity use by 2028; future electricity consumption and efficiency trends will be determined by management practices, demand for services, and adoption of efficient technologies; proof-of-work cryptocurrencies are by design an increasingly energy intensive process; studies estimate that— the total network hashrate for Bitcoin mining in the United States has increased 739 percent between September 2020 and January 2022; and as of July 2021, the greatest share of Bitcoin mining occurs in the United States; there is a lack of transparency regarding the energy sources used to power domestic cryptomining and many data center operations; and retired and retiring fossil fuel plants in the United States are being brought back online to power cryptomining facilities and data centers, which increases associated carbon emissions.