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Data Center Dividends
A Bold, Innovative Solution: Data Center Dividends
Here’s the game-changer: Mandate that data centers—vast computing powerhouses—dedicate just 1% of their processing capacity to mining cryptocurrencies, converting the yields into five diverse stablecoins (e.g., USDC, BTC, or others). These digital assets would fund a state-managed wallet, distributed annually as dividends to Virginia taxpayers or credited against their state income taxes.
Data backs the potential: With Virginia’s centers topping 4,900 megawatts (MW) and growing, even 1% utilization could generate millions in value. This isn’t pie-in-the-sky – crypto mining leverages idle compute efficiently, turning a resource drain into revenue. It levels the playing field, ensuring global users indirectly contribute via the centers they rely on. Projections? Based on current crypto markets, this could offset tax breaks (which have recently increased by 1,051%) and provide $500–$1,000 per household annually, easing energy price pressures. As AI and cloud demand surges, this positions Virginia as a blockchain innovator, attracting more investment while protecting our resources.
This aligns perfectly with our mission: Empowering citizens, reducing government overreach, and fostering economic self-reliance. No more subsidies for unreliable energy; instead, harness tech for direct taxpayer benefits.
Timestamps:
00:00 Data Center Dividends
00:30 The Hidden Costs of Data Centers
01:32 Environmental and Economic Impact
02:48 Critique of Green Mandates
03:36 Innovative Solution: Data Center Dividends
05:31 Call to Action: Join the Movement
Visit our site to help make this a reality and see our other policy positions:
https://libertyrepublicans.org/
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