They already put ahold of this bill for now, maybe it's because of the ongoing war in Europe. Anyways, the people behind this initiative is not really familiar with bitcoin mining, Maybe they just heard it from someone else or just read it in the internet. Because we all know that their argument is really flawed and there are a lot of industries, far greater than bitcoin mining that really affects the environment. Even banking system consumes a lot of electricity per year as compare to bitcoin.
The truth is that politicians field of expertise is politics and not science or technology, which means that most of the things they try to regulate are things they do not understand, so a great deal of them just go with the most popular opinions so they have an opportunity to be reelected or their party remains in power.
However there are many industries that cannot be regulated this way and they need experts that know the topic deeply and then they need to follow their recommendations, but when they see an industry like this one that threatens their power then they will try to do what they can to keep that power, producing nonsensical propositions, just like this one.
Most of those politicians that you would see talking bad about bitcoin do not know anything about it at all. They just come out due to the popular belief by some people that bitcoin is a scam or that it is harmful to the environment due to mining and they will just be saying what they are not really sure about, while in the true sense they have no clue what cryptocurrency is all about. They all need someone to educate them thoroughly on what cryptocurrency is all about and also help them understand it.
That way they wouldn’t be making wrong decisions as they are doing now.Some of them think that bitcoin is the problem that we are having but it is not.In fact the Bitcoin has really been helpful to the world in so many ways.