The Case For Union Workers In Bitcoin Mining

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Unions present a formidable force in politics, one that could work for Bitcoin miners in more than one sense.

Recently in the news, a Pennsylvania Bill, the “Cryptocurrency Energy Conservation Act”, was stripped of language that would have created a 2 year moratorium on Bitcoin mining. The author of the bill, Rep. Greg Vitalli, cited staunch resistance to the moratorium stating “the strong opposition to sweeping changes to the state’s environmental laws is being pushed by trade labor unions.

There are some Bitcoiners who are vehemently anti-union. Simultaneously, a foundational tenement found amongst them is that the fiat system is rigged against everyday, working people. These beliefs are somewhat at odds with each other. Why? The mission of a union is to protect the wage laborer from the inherent incentive model of an employer which is profits. The most prevalent example of this today is unions fighting for workers to achieve pay raises commensurate with true inflation.

 

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