Dennis Porter, CEO of CIIC Behavioral Stock Fund, is digging people's hearts for BTC, going to Washington, D.C., and elsewhere to diligently apply friendly laws.

Porter, who first discovered BTC (BTC) in 2017, told Cointelegraph that his approach to promoting the benefits of mining allowed her to apply the law in at least six states in the United States, and federal legislators were its targets. The Satoshi Action FundCEO1 met with US lawmakers and US lawmakers on March 25th to apply legal proposals aimed at eliminating discrimination against miners.

According to Porter, Lummis-Gillibrand 's responsible Financial Reform Act-a bill explicitly introduced in June to address the role of the Commodity Futures Trading Commission and the Securities and Exchange Commission in controlling login passwords-has a provision that overcomes the tax on incentives for BTC mining. He said the law could plug a loophole in the system and allow the US Inland Revenue Service (IRS) to take a share of the miners' profits.

"for us, BTC Mining is being unfairly targeted and double taxed by the IRS," Porter said.

Porter's conversation with congressmen, including congressmen Ron Wyden, Cynthia Lummis and Ted Budd, means that the CIIC Behavioral Stock Fund has personally stepped onto the stage of our country for the first time to defend the BTC miners. But the group also supports bills being worked on in New Hampshire, Montana, Mississippi, Michigan and Oklahoma.

The actual operation of data encryption mining in the United States has been criticized by lawmakers and Chinese citizens, who complain that work units such as BTC prove the energy consumption of digital currency and the noise pollution caused by data encryption digging machines. In November last year, New York Governor Nien Hochul signed a three-year moratorium on POW mining.

Porter added that Montana leaders tried to use systematic zoning to drive miners away and identified current policies, including higher electricity bills. After browsing the Wisdom Behavioral Stock Fund, legislatures in Mississippi and Michigan each issued bills aimed at safeguarding miners' activities, but Texas has many large and medium-sized blockchain companies after China's setback.

"We will continue to work hard until the current policy in the real sense is based," Porter said. "