Crypto mining can help energy volatility, Paradigm responds to policy onslaught

As U.S. lawmakers consider limits on data and mining facilities because of energy usage, the industry wants to explain that their crypto worries are unfounded. What to know : Crypto investment firm Paradigm has a response to recent policymaker efforts to target bitcoin mining, arguing in a report that they're missing the point. Bitcoin miners need cheap electricity and can use it as off-peak times and from inexpensive, renewable sources, according to Paradigm, which has an investment stake in miner Genesis Digital Assets.