Seven Crypto Miners Show ‘Disturbing’ Energy Use, Lawmakers Say
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“The overall US crypto mining industry is likely to be problematic for energy and emissions,” lawmakers wrote They flagged that crypto miners have caused increased electricity costs for small businesses and residents Sen. Elizabeth Warren and other lawmakers have called on federal regulators to instruct cryptocurrency miners to disclose their emissions and energy use. The Democratic lawmakers laid out “disturbing” findings from an investigation into the environmental impact of crypto mining in a letter to the US Environmental Protection Agency and the Department of Energy on Friday. Seven companies including Riot, Bitdeer, Bit Digital and Stronghold have the collective capacity
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
The environmental impact of cryptocurrency mining is a hotly debated topic. Some people argue that it is a major environmental hazard, while others argue that it is not as harmful as it is made out to be. The debate over the environmental impact of cryptocurrency mining is likely to continue…