Whereas Proof-of-Work (PoW) mining requires the use of high-powered computing to guess at a random, encrypted number to win the right to make the next block in a blockchain and thereby earn Bitcoin; Whereas this process sets the rules for miners and verifies the legitimacy of every transaction using the Blockchain; Whereas PoW mining is an essential process that allows for a blockchain network to remain trusted, open, and decentralized; Whereas it ensures that any individual can participate equally in the process if they are willing to allocate the resources; Whereas PoW mining does require energy consumption for this validation process, many of the concerns are unwarranted, because PoW mining’s energy usage is transparent and verifiable; Whereas PoW mining uses .14 percent of the global energy supply, which is less than the amount of electricity lost in transmission and distribution each year; Whereas PoW mining seeks out low-cost energy and can utilize excess supply during off-peak periods, which improves the overall economic viability of renewable energy projects; Whereas PoW mining also contributes to grid stability through demand response, whereby miners can quickly curtail load to maintain equilibrium between supply and demand on the electrical grid; Whereas PoW mining economics are notably responsive to electricity prices, and miners can curtail operations when electricity supply is low or prices are high, providing more energy to households and the grid during times of heavy demand; Whereas, during the summer of 2022, the State of Texas experienced a record heatwave straining the electrical grid; Whereas in response to a conservation alert from the Electric Reliability Council of Texas (ERCOT), the State electrical grid manager, Bitcoin miners collectively reduced usage by over 1,000 MW; Whereas, during the winter of 2022, the State of Texas experienced record cold temperatures straining the electrical grid