[Congressional Record Volume 172, Number 114 (Tuesday, July 14, 2026)]
[Senate]
[Pages S3958-S3961]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 6689. Mr. CASSIDY (for himself, Ms. Lummis, and Mrs. Blackburn) 
submitted an amendment intended to be proposed by him to the bill S. 
4784, to authorize appropriations for fiscal year 2027 for military 
activities of the Department of Defense, for military construction, and 
for defense activities of the Department of Energy, to prescribe 
military personnel strengths for such fiscal year, and for other 
purposes; which was ordered to lie on the table; as follows:

       At the end of title X, add the following:

                    Subtitle H--Mined in America Act

     SEC. 1094. SHORT TITLE.

       This subtitle may be cited as the ``Mined in America Act of 
     2026''.

     SEC. 1095. FINDINGS; PURPOSE.

       (a) Findings.--Congress finds that--
       (1) blockchain and digital asset technologies serve an 
     essential role in the future economic, technological, and 
     strategic interests of the United States, as reflected in 
     official statements from the President, bipartisan action in 
     Congress, and recent legislation establishing oversight and 
     regulatory frameworks for digital assets;
       (2) Bitcoin is the original digital asset, has operated 
     through an open, decentralized network with no central 
     authority for more than 15 years, and continues to 
     demonstrate technical resilience, economic relevance, and 
     functional independence;
       (3) the establishment and management of a strategic reserve 
     of Bitcoin by the Federal Government reinforces the 
     continuing role in the national interest and the important 
     long-term strategic value of Bitcoin;
       (4) the reliability of the Bitcoin blockchain depends on a 
     decentralized validation process and a globally distributed 
     infrastructure, but a substantial portion of mining hardware 
     currently in use is manufactured by companies related to 
     foreign adversaries, creating national security and 
     operational integrity risks;
       (5) the ability of the United States to lead in Bitcoin and 
     digital asset innovation requires that critical blockchain 
     infrastructure, including mining hardware and consensus 
     software, be developed, operated, and maintained within the 
     United States, or friendly nations, and free from control by 
     entities related to foreign adversaries;
       (6) Bitcoin mining operators in the United States have 
     contributed materially to domestic artificial intelligence 
     capabilities by converting existing facilities and 
     infrastructure to support machine learning, inference, and 
     high-density compute operations; and
       (7) the replacement of mining hardware related to foreign 
     adversaries with compute infrastructure manufactured in the 
     United States, or friendly nations, is a necessary national 
     objective.
       (b) Purpose.--The purpose of this subtitle is to facilitate 
     the objective described in subsection (a)(7) through the use 
     of existing Federal programs and authorities.

     SEC. 1096. DEFINITIONS.

       In this subtitle:
       (1) Certification program.--The term ``certification 
     program'' means the Mined in America Certification Program 
     established under section 1097(a).
       (2) Demand response; demand-responsive.--The terms ``demand 
     response'' and ``demand-responsive'' mean the capability of a 
     facility, including a distributed energy system or 
     controllable load, to adjust electricity consumption in 
     response to price signals, grid reliability needs, or market 
     incentives to enhance grid efficiency and resilience.
       (3) Foreign adversary.--The term ``foreign adversary'' has 
     the meaning given the term ``covered nation'' in section 
     4872(f) of title 10, United States Code.
       (4) Friendly nation.--The term ``friendly nation'' means a 
     foreign country that--
       (A) is not a foreign adversary; and
       (B) the Secretary of State designates as an ally or partner 
     of the United States for purposes of this subtitle.
       (5) High-density compute.--The term ``high-density 
     compute'' means a computational operation or facility 
     characterized by high power density and intensive processing 
     workloads, including those used for artificial intelligence 
     training, inference, blockchain validation, advanced data 
     processing, and other energy intensive compute tasks.
       (6) Mining facility.--The term ``mining facility'' means a 
     physical site that houses and operates specialized computer 
     hardware for the purpose of performing proof-of-work mining, 
     including associated power, cooling, and network 
     infrastructure.
       (7) Mining pool.--The term ``mining pool'' means a group of 
     participants in a proof-of-work mining network that--
       (A) combine their computational resources over a network to 
     increase the probability of validating a block; and
       (B) share any resulting rewards in proportion to the 
     contributed hash power of each participant.
       (8) Proof-of-work mining.--The term ``proof-of-work 
     mining'' means the operation of specialized hardware or 
     computing systems to validate transactions and secure 
     decentralized blockchain networks by solving cryptographic 
     puzzles, resulting in the issuance of new units of a digital 
     asset as a reward.
       (9) Secretary.--The term ``Secretary'' means the Secretary 
     of Commerce.

     SEC. 1097. MINED IN AMERICA CERTIFICATION PROGRAM.

       (a) Establishment.--
       (1) In general.--The Secretary shall establish a voluntary 
     certification program, to be known as the ``Mined in America 
     Certification Program'', to certify mining facilities and 
     mining pools that meet the requirements established under 
     this section.
       (2) Scope.--A certification under the certification 
     program--
       (A) shall not confer any regulatory license or waiver of 
     legal requirements under any other provision of law 
     (including regulations);
       (B) may serve as a basis for eligibility for, priority for, 
     or participation in a Federal loan, grant, reimbursement, or 
     procurement program, in accordance with applicable law or 
     regulations; and
       (C) shall not be required for any mining facility or mining 
     pool except as a condition of eligibility for, priority for, 
     or participation in a program described in subparagraph (B), 
     in accordance with applicable law or regulations.
       (b) Certification Criteria and Administration.--
       (1) In general.--Not later than 180 days after the date of 
     enactment of this Act, the Secretary shall promulgate 
     regulations governing the certification of mining facilities 
     and mining pools under the certification program.
       (2) Eligibility.--To be eligible for certification under 
     the certification program--
       (A) the proof-of-work mining operations of the mining 
     facility or mining pool shall be physically located within 
     the United States or a friendly nation;
       (B) in the case of the certification of a mining pool, the 
     mining pool--
       (i) shall be headquartered and operated in the United 
     States or a friendly nation; and

[[Page S3959]]

       (ii) shall not be owned, controlled, or subject to undue 
     influence by an entity related to a foreign adversary;
       (C) in the case of the certification of a mining facility, 
     the mining facility--
       (i) shall not be owned, controlled, or subject to undue 
     influence by an entity related to a foreign adversary; and
       (ii) shall participate in a mining pool described in 
     subparagraph (B);
       (D) the mining facility or mining pool shall document and 
     attest to compliance with the applicable hardware sourcing 
     standards described in paragraph (3);
       (E) the mining facility or mining pool shall maintain 
     cybersecurity protocols consistent with minimum standards 
     established by the Secretary, including protection of network 
     systems, private keys, remote access tools, and physical 
     facilities; and
       (F) the mining facility or mining pool shall satisfy any 
     additional criteria that the Secretary determines to be 
     necessary to uphold the integrity of the certification.
       (3) Hardware sourcing standards.--
       (A) In general.--To be eligible for certification under the 
     certification program, a mining facility or mining pool shall 
     be in compliance with the following hardware sourcing 
     standards:
       (i) Beginning on January 1, 2027, the mining facility or 
     mining pool may not purchase any proof-of-work mining 
     equipment manufactured by any entity related to any foreign 
     adversary.
       (ii) Beginning on January 1, 2028, not more than 75 percent 
     of the active proof-of-work mining hardware of the mining 
     facility or mining pool may be manufactured by an entity 
     related to a foreign adversary.
       (iii) Beginning on January 1, 2029, not more than 50 
     percent of the active proof-of-work mining hardware of the 
     mining facility or mining pool may be manufactured by an 
     entity related to a foreign adversary.
       (iv) Beginning on January 1, 2030, 0 percent of the active 
     proof-of-work mining hardware of the mining facility or 
     mining pool may be manufactured by an entity related to a 
     foreign adversary.
       (B) Initial certifications.--The Secretary may issue a 
     certification under the certification program before January 
     1, 2027, if--
       (i) the applicable mining facility or mining pool has not 
     purchased any proof-of-work mining equipment manufactured by 
     any entity related to any foreign adversary since the date of 
     enactment of this Act; and
       (ii) the operator of the applicable mining facility or 
     mining pool submits to the Secretary a plan for achieving 
     compliance with the hardware sourcing standards described in 
     subparagraph (A).
       (C) Preferred certifications.--During the period beginning 
     on January 1, 2027, and ending on December 31, 2029, the 
     Secretary may designate a certification of a mining facility 
     or mining pool under the certification program as a preferred 
     certification for Federal program eligibility if not more 
     than 25 percent of the active proof-of-work mining hardware 
     of the mining facility or mining pool is manufactured by an 
     entity related to a foreign adversary.
       (D) Recognition of infrastructure conversion.--For the 
     purposes of determining compliance with subparagraph (B) or 
     (C), the Secretary shall consider proof-of-work mining 
     hardware related to foreign adversaries to be removed from 
     active deployment if the operator of the mining facility or 
     mining pool demonstrates that the hardware has been replaced, 
     repurposed, or retired in favor of proof-of-work mining 
     hardware manufactured in the United States or a friendly 
     nation, including infrastructure deployed for artificial 
     intelligence training, inference, or grid-responsive 
     computational operations.
       (4) Duration; renewal.--A certification under the 
     certification program--
       (A) shall be valid for a period of not more than 2 years; 
     and
       (B) may be renewed only on a demonstration of continued 
     compliance with all applicable requirements under this 
     section.
       (5) Information sharing.--In carrying out the certification 
     program, the Secretary may share information with, or request 
     information from, the Secretary of Energy or the Secretary of 
     Agriculture.
       (c) Application and Review Process.--
       (1) In general.--In administering the certification 
     program, the Secretary shall establish an application and 
     review process for certification.
       (2) Applications.--
       (A) In general.--To apply for certification under the 
     certification program, an operator of a proof-of-work mining 
     facility or mining pool shall submit to the Secretary an 
     application, which shall contain information necessary for 
     the Secretary to determine eligibility under subsection (b).
       (B) Disclosure.--An application submitted under 
     subparagraph (A)--
       (i) shall disclose ownership and control information 
     sufficient to identify any person exercising control over the 
     proof-of-work mining operations of the applicant; and
       (ii) shall not use any shell companies, passthrough 
     entities, or nominee arrangements to obscure ownership or 
     influence by a foreign adversary.
       (d) Registry.--The Secretary shall maintain a publicly 
     accessible registry of mining facilities and mining pools 
     certified under the certification program, including--
       (1) the effective dates of certification and renewal, if 
     applicable; and
       (2) the applicable hardware sourcing standards under 
     subsection (b)(3) with which the mining facility or mining 
     pool is compliant, including whether the certification is a 
     preferred certification under subsection (b)(3)(C).
       (e) Federal Program Eligibility.--
       (1) In general.--The head of a Federal agency that 
     administers a loan, grant, reimbursement, or procurement 
     program for which eligibility, priority, or participation is 
     based on certification under the certification program may 
     rely on the registry maintained under subsection (d) to 
     determine the eligibility, priority, or participation of an 
     entity in that program, in accordance with applicable law 
     (including regulations).
       (2) Requirement.--An entity shall not be granted 
     eligibility for, priority for, or participation in a loan, 
     grant, reimbursement, or procurement program for which that 
     eligibility, priority, or participation is based on 
     certification under the certification program unless the 
     entity holds a valid certification under the certification 
     program.
       (f) Confidentiality.--
       (1) In general.--In carrying out the certification program, 
     the Secretary shall safeguard the confidentiality of all 
     proprietary operational data, financial records, trade 
     secrets, and personally identifiable information submitted in 
     connection with a certification.
       (2) Exemption from foia.--Information in the registry 
     maintained under subsection (d) shall be exempt from 
     disclosure under section 552 of title 5, United States Code.
       (g) Oversight and Reporting.--
       (1) In general.--The Secretary shall promulgate regulations 
     to ensure transparency of, compliance with, and enforcement 
     under the certification program, including--
       (A) requirements for certified mining facilities and mining 
     pools to submit periodic reports verifying continuing 
     compliance with the requirements under subsection (b);
       (B) procedures for the suspension or revocation of a 
     certification in the case of a material misrepresentation, 
     noncompliance, or fraud; and
       (C) regulations relating to audits and inspections under 
     paragraph (2).
       (2) Audits or inspections.--The Secretary shall conduct 
     audits or inspections of mining facilities and mining pools 
     certified under the certification program as necessary to 
     ensure compliance with this section.
       (3) Publication of data.--The Secretary shall publish 
     aggregate, nonconfidential data relating to certifications of 
     mining facilities and mining pools and compliance with this 
     section sufficient to inform Federal agencies and the public 
     of trends in certifications and compliance.
       (h) Rule of Construction.--Nothing in this section may be 
     construed to confer upon the Secretary any regulatory 
     authority over digital asset markets or transactions.

     SEC. 1098. PROGRAM ELIGIBILITY FOR CERTIFIED COMPUTE 
                   INFRASTRUCTURE PROJECTS.

       (a) Department of Energy Title XVII Loan Guarantees.--
       (1) In general.--Section 1703(b) of the Energy Policy Act 
     of 2005 (42 U.S.C. 16513(b)) is amended by adding at the end 
     the following:
       ``(14) Projects carried out by entities that are certified 
     under section 1097 of the Mined in America Act of 2026 and 
     involve 1 or more of the following activities:
       ``(A) The replacement of proof-of-work mining (as defined 
     in section 1096 of the Mined in America Act of 2026) hardware 
     related to foreign adversaries (as defined in that section) 
     with compute infrastructure that is manufactured in the 
     United States or a friendly nation (as defined in that 
     section), including equipment used for blockchain validation, 
     artificial intelligence training, or high-efficiency data 
     processing.
       ``(B) The conversion of an existing mining operation or 
     data center into a grid-interactive or demand-responsive (as 
     defined in section 1096 of the Mined in America Act of 2026) 
     computing facility that uses infrastructure manufactured in 
     the United States or a friendly nation (as so defined).
       ``(C) The deployment of computing systems that enable load 
     shifting, flexible demand, or emissions reduction in 
     coordination with a regional transmission organization, 
     electric utility, or demand response (as defined in section 
     1096 of the Mined in America Act of 2026) market.''.
       (2) Rulemaking.--Not later than 180 days after the date of 
     enactment of this Act, the Secretary of Energy shall issue 
     rules to implement the amendment made by paragraph (1), 
     including procedures for verifying the eligibility of 
     projects described in paragraph (14) of section 1703(b) of 
     the Energy Policy Act of 2005 (42 U.S.C. 16513(b)), 
     establishing documentation requirements, coordinating with 
     the Secretary to confirm certification status under section 
     1097, and identifying any emissions or energy performance 
     standards necessary to satisfy the objectives of title XVII 
     of the Energy Policy Act of 2005 (42 U.S.C. 16511 et seq.).
       (3) Rule of construction.--Nothing in the amendment made by 
     paragraph (1) alters or waives any other requirement for 
     project approval under section 1703 of the Energy Policy Act 
     of 2005 (42 U.S.C. 16513).
       (b) Department of Energy Infrastructure Reinvestment 
     Program.--
       (1) In general.--Section 1706(a) of the Energy Policy Act 
     of 2005 (42 U.S.C. 16517(a)) is amended--
       (A) in paragraph (2), by striking ``or'' at the end;
       (B) in paragraph (3), by striking the period at the end and 
     inserting ``; or''; and
       (C) by adding at the end the following:

[[Page S3960]]

       ``(4) are carried out by entities described in section 
     1703(b)(14) and involve--
       ``(A) an activity described in subparagraph (A) or (B) of 
     that section; or
       ``(B) the repurposing of energy infrastructure previously 
     used in connection with foreign manufactured crypto mining 
     hardware into facilities that reduce net energy intensity, 
     improve flexibility in load management, or provide computing 
     for strategic industrial applications.''.
       (2) Rulemaking.--Not later than 180 days after the date of 
     enactment of this Act, the Secretary of Energy shall issue 
     rules to implement the amendment made by paragraph (1), 
     including documentation requirements, technical criteria for 
     demonstrating infrastructure conversion, emissions or energy 
     performance metrics, and procedures for coordinating with the 
     Secretary to confirm certification status under section 1097.
       (3) Rule of construction.--Nothing in the amendment made by 
     paragraph (1) alters or waives any other requirement for 
     project approval under section 1706 of the Energy Policy Act 
     of 2005 (42 U.S.C. 16517).
       (c) Department of Energy Smart Grid Investment Grants.--
       (1) In general.--Section 1306 of the Energy Independence 
     and Security Act of 2007 (42 U.S.C. 17386) is amended--
       (A) in subsection (a), by striking ``of qualifying Smart 
     Grid investments.'' and inserting the following: ``of--
       ``(1) qualifying smart grid investments; and
       ``(2) projects for the deployment of Mined in America grid-
     interactive infrastructure.'';
       (B) in subsection (b)--
       (i) by redesignating paragraphs (1) through (14) as clauses 
     (i) through (xiv), respectively, and indenting appropriately; 
     and
       (ii) by striking the subsection designation and heading and 
     all that follows through ``include'' in the matter preceding 
     clause (i) (as so redesignated) and inserting the following:
       ``(b) Definitions.--In this section:
       ``(1) Demand response; demand-responsive.--The terms 
     `demand response' and `demand-responsive' have the meaning 
     given the terms in section 1096 of the Mined in America Act 
     of 2026.
       ``(2) Friendly nation.--The term `friendly nation' has the 
     meaning given the term in section 1096 of the Mined in 
     America Act of 2026.
       ``(3) Grid-responsive infrastructure.--The term `grid-
     responsive infrastructure' includes hardware, software, and 
     control systems that support 1 or more of the following 
     functions:
       ``(A) Load curtailment or flexible demand response in 
     coordination with a grid operator, electric utility, or 
     demand response provider.
       ``(B) Integration of localized energy storage, smart 
     metering, or real-time load control technologies that reduce 
     peak demand or improve grid reliability.
       ``(C) Cybersecurity protections to safeguard grid-facing 
     compute infrastructure, including systems used to manage 
     energy telemetry, remote access, or distributed power 
     systems.
       ``(4) Mined in america grid-interactive infrastructure.--
     The term `Mined in America grid-interactive infrastructure' 
     means grid-responsive infrastructure that--
       ``(A) is manufactured in the United States; and
       ``(B) is or will be deployed at a facility--
       ``(i) located in the United States or a friendly nation;
       ``(ii) the owners and operators of which are certified 
     under section 1097 of the Mined in America Act of 2026; and
       ``(iii) that is engaged in--

       ``(I) proof-of-work mining operations using compute 
     infrastructure manufactured in the United States or a 
     friendly nation; or
       ``(II) artificial intelligence training or inference using 
     compute infrastructure manufactured in the United States or a 
     friendly nation.

       ``(5) Proof-of-work mining.--The term `proof-of-work 
     mining' has the meaning given the term in section 1096 of the 
     Mined in America Act of 2026.
       ``(6) Qualifying smart grid investment.--
       ``(A) In general.--The term `qualifying smart grid 
     investment' includes'';
       (C) in subsection (c)--
       (i) in paragraph (3), by striking ``Smart Grid Information 
     Standard under section 1307 (paragraph (17) of section 111(d) 
     of the Public Utility Regulatory Policies Act of 1978)'' and 
     inserting ``smart grid information standard under paragraph 
     (19) of section 111(d) of the Public Utility Regulatory 
     Policies Act of 1978 (42 U.S.C. 2621(d))'';
       (ii) in paragraph (9), by striking ``Qualifying Smart Grid 
     Investments'' and inserting ``qualifying smart grid 
     investments'';
       (iii) by redesignating paragraphs (1) through (9) as 
     clauses (i) through (ix), respectively, and indenting 
     appropriately; and
       (iv) by striking the subsection designation and heading and 
     all that follows through ``do not include'' in the matter 
     preceding clause (i) (as so redesignated) and inserting the 
     following:
       ``(B) Exclusions.--The term `qualifying smart grid 
     investment' does not include'';
       (D) in subsection (d)--
       (i) by redesignating paragraphs (1) through (16) as clauses 
     (i) through (xvi), respectively, and indenting appropriately; 
     and
       (ii) by striking the subsection designation and heading and 
     all that follows through ``means'' in the matter preceding 
     clause (i) (as so redesignated) and inserting the following:
       ``(6) Smart grid function.--The term `smart grid function' 
     means'';
       (E) in subsection (e)--
       (i) in paragraph (1)--

       (I) by striking ``(1) The Secretary shall'' and all that 
     follows through ``proposals--'' in the matter preceding 
     subparagraph (A) and inserting the following:

       ``(1) In general.--The Secretary shall--'';

       (II) by indenting subparagraphs (A) through (E) 
     appropriately;
       (III) in subparagraph (C), by striking ``investments, and'' 
     and inserting ``investments or Mined in America grid-
     interactive infrastructure, and, if applicable,''; and
       (IV) in subparagraph (D), by striking ``investments which 
     have received grants'' and inserting ``investments and Mined 
     in America grid-interactive infrastructure for which grants 
     have been provided''; and

       (ii) in paragraph (2), by striking ``(2) The Secretary'' 
     and inserting the following:
       ``(2) Discretion.--The Secretary'';
       (F) in subsections (b) through (e), by striking ``Smart 
     Grid'' each place it appears and inserting ``smart grid'';
       (G) in subsection (f), by striking ``for fiscal years 2008 
     through 2012'';
       (H) by redesignating subsections (a), (b), (e), and (f) as 
     subsections (b), (a), (c), and (e), respectively, and moving 
     the subsections so as to appear in alphabetical order; and
       (I) by inserting after subsection (c) (as so redesignated) 
     the following:
       ``(d) Guidance on Mined in America Grid-interactive 
     Infrastructure.--
       ``(1) In general.--Not later than 180 days after the date 
     of enactment of the Mined in America Act of 2026, the 
     Secretary shall issue guidance relating to the provision of 
     grants under this section for projects for the deployment of 
     Mined in America grid-interactive infrastructure.
       ``(2) Requirement.--The guidance issued under paragraph (1) 
     shall--
       ``(A) identify Mined in America grid-interactive 
     infrastructure for which a grant provided under this 
     subsection may be used; and
       ``(B) establish procedures for verifying the certification 
     of the owners and operators of the applicable facility under 
     section 1097 of the Mined in America Act of 2026, in 
     coordination with the Secretary of Commerce.''.
       (2) Rule of construction.--Nothing in this subsection or an 
     amendment made by this subsection waives, or may be construed 
     to waive, any cost-share, technical, or emissions performance 
     requirement applicable to a grant awarded under section 1306 
     of the Energy Independence and Security Act of 2007 (42 
     U.S.C. 17386).

     SEC. 1099. DEPARTMENT OF ENERGY STUDY ON COMPUTE-BASED LOAD 
                   MANAGEMENT.

       (a) Study Required.--The Secretary of Energy shall conduct 
     a study to assess the load-management capabilities and grid-
     balancing potential of proof-of-work mining operations and 
     high-density compute facilities located in the United States.
       (b) Scope of Study.--The study under subsection (a) shall 
     evaluate--
       (1) the ability of proof-of-work mining operations and 
     high-density compute facilities--
       (A) to reduce electricity consumption during periods of 
     peak demand;
       (B) to shift load in coordination with grid operators; or
       (C) to participate in demand response and grid reliability 
     programs;
       (2) the technologies, energy infrastructure, and 
     contractual mechanisms that support flexible operation of 
     high-density compute workloads; and
       (3) the emissions impacts, energy efficiency benefits, and 
     market integration potential associated with the deployment 
     of grid-interactive compute infrastructure in various 
     geographic and regulatory contexts.
       (c) Consultation.--
       (1) In general.--In carrying out the study under subsection 
     (a), the Secretary of Energy shall consult with--
       (A) the Secretary;
       (B) the Federal Energy Regulatory Commission; and
       (C) at least 1 Regional Transmission Organization or 
     Independent System Operator (as those terms are defined in 
     section 3 of the Federal Power Act (16 U.S.C. 796)).
       (2) Requirement.--The Secretary of Energy, the Secretary of 
     Defense, and the Secretary shall coordinate to enhance 
     efficiency and avoid duplication with respect to the study 
     required under subsection (a).
       (d) Reports.--The Secretary of Energy shall submit to the 
     Committee on Energy and Natural Resources of the Senate, the 
     Committee on Commerce, Science, and Transportation of the 
     Senate, and the Committee on Energy and Commerce of the House 
     of Representatives--
       (1) an interim report on the findings of the study under 
     subsection (a) not later than 1 year after the date of 
     enactment of this Act; and
       (2) a final report on the findings of that study not later 
     than 2 years after that date of enactment.

     SEC. 1100. SUPPORT FOR DEVELOPMENT OF SECURE, ENERGY-
                   EFFICIENT CRYPTO-MINING HARDWARE.

       (a) Support From National Institute of Standards and 
     Technology.--
       (1) In general.--The Director of the National Institute of 
     Standards and Technology shall take such actions as the 
     Director considers appropriate to support the development of 
     secure, energy-efficient hardware for the mining of 
     cryptocurrency.

[[Page S3961]]

       (2) Grants authorized.--In carrying out paragraph (1), the 
     Director may award grants to design rigs for the mining of 
     cryptocurrency that meets United States cybersecurity 
     standards.
       (b) Support From Hollings Manufacturing Extension 
     Partnership.--
       (1) In general.--The Director shall, acting through the 
     Hollings Manufacturing Extension Partnership, provide 
     assistance to United States manufacturers to retool for the 
     production of secure, energy-efficient hardware for the 
     mining of cryptocurrency.
       (2) Technical assistance.--The Director may, acting through 
     the Partnership, provide technical assistance to United 
     States persons who manufacturer hardware that can be used for 
     the mining of cryptocurrency.

     SEC. 1101. PROMOTION OF EXPORTS TO FRIENDLY NATIONS OF 
                   CERTAIN MINING EQUIPMENT PRODUCED IN THE UNITED 
                   STATES.

       The Under Secretary of Commerce for International Trade 
     shall develop a program to promote exports to friendly 
     nations of equipment for proof-of-work mining that is 
     produced in the United States.
                                 ______