Daniel Batten
Daniel Batten|Aug 07, 2026 15:40
No Elizabeth Warren is not a champion of the downtrodden against the power of "Big Crypto" Let the record remind us that she is a big-bank funded politician who launched an "anti-crypto army" (a move which contributed to the Democrat party losing the last election and prompting the need for entire Bitcoin and crypto community to get political in the first place to stop the debanking, the vilification and the misinformation). Here are the receipts of Warren's past statements about Bitcoin mining alone For context, Bitcoin mining has been found in multiple peer reviewed studies to help stabilize grids, accelerate green energy adoption, monetize stranded renewable energy. Other independent studies have showed Bitcoin mining to reduce community power prices, safeguard against instability caused by AI, and mitigate environmentally harmful methane emissions. She also on multiple occasions mischaracterized Bitcoin's demand response (which IEA has said as critical to the green energy transition) as a habit for bitcoin mining companies to "collect subsidies ...[to] shut off their mining operations and do nothing." She then used these factual errors and mischaracterizations to request commercially sensitive information from miners with a "comply of be fined $10,000/day" notice, which required a court injunction to block There has been no retraction, no apology, no accountabilty for the multiple statements that have been shown to be factulaly inaccurate. Warren on Bitcoin mining: "Bitcoin mining consumes roughly the same amount of electricity as Washington state—putting pressure on our power grids and worsening the #ClimateCrisis." (X, 7 Sept 2021) "We need to protect our planet and crack down on environmentally wasteful crypto mining practices." (same post) "Bitcoin's estimated annual power consumption increased more than threefold between the beginning of 2019 and May 2021, rivaling the total energy usage of countries such as Denmark, Chile, and Argentina, and comparable to the entire energy consumption of Washington State." (letter to Greenidge, 2 Dec 2021) "Given the extraordinarily high energy usage and carbon emissions associated with Bitcoin mining, mining operations at Greenidge and other plants raise concerns about their impacts on the global environment, on local ecosystems, and on consumer electricity costs." (same letter) "The extraordinarily high energy usage and carbon emissions associated with Bitcoin mining could undermine our hard work to tackle the climate crisis." (statement, 27 Jan 2022) "Not to mention the harmful impacts cryptomining has on local environments and electricity prices." (same statement) "The results of our investigation… are disturbing… revealing that cryptominers are large energy users that account for a significant – and rapidly growing – amount of carbon emissions." (15 July 2022) Her own words, grid and consumer cost "Cryptominers' energy use rivals that of entire countries, and taxpayers — in Texas or anywhere in the nation — shouldn't subsidize their profits, especially when the energy grid is on the verge of collapse." (12 Oct 2022) "I'm working with lawmakers from Texas to advance greater transparency and ensure consumers understand the risks cryptomining poses to our energy security, our climate, and local electricity costs." (same day) Her own words, national security "One third of cryptomining facilities in the U.S. are owned by citizens of the People's Republic of China, including people with direct ties to the Chinese government." (Senate hearing, 25 July 2024) "Foreign adversaries are using cryptomines to spy on U.S. military operations. That is an obvious national security risk." (same hearing) "Foreign-owned cryptomining facilities' connection to our energy grid could leave the U.S. vulnerable to targeted blackouts and cyber attacks." (same hearing) "A Chinese investor was able to secretly buy a $6 million cryptomine in Texas." (same hearing) Letters she co-signed, so attribute to the lawmakers rather than to her "Bitcoin miners make money from mining that produces major strains on the electric grid: and during peak demand when the profitability of continuing to mine decreases, they then collect subsidies in the form of demand response payments when they shut off their mining operations and do nothing." (letter to ERCOT and Texas miners, 12 Oct 2022) "Cryptomining is adding significant demand to an already unreliable grid… and contributing to the global climate crisis." (same letter) "The urgency of the climate crisis, combined with the rapid growth of cryptomining in the U.S., dictates a comprehensive mandatory disclosure and data collection regime." (letter to EPA and DOE, 7 Feb 2023) This is just the statements she's made on Bitcoin mining. The statement-set on her trackrecord of attacking and mischaracterizing Bitcoin generally would require an essay. In short, this is not the actions of someone who cares about fair regulation, this is the musings of someone who has staked her reputation on maligning and attacking an entire industry sector, and who has made her "anti crypto army" campaign (her words, not mine) transparent for many years.(Daniel Batten)
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