Workers install a new row of Bitcoin mining machines at the Whinstone US Bitcoin mining facility in Rockdale, Texas, on October 9, 2021. | Photo by MARK FELIX/AFP /AFP via Getty Images
On Friday, Elizabeth Warren and other Democratic members of Congress sent a letter to two federal regulators, urging them to take action on the explosion of Bitcoin mining in the US.
Sent to the heads of the Environmental Protection Agency and Department of Energy, the letter was spurred by preliminary investigation from lawmakers, which found that just a handful of cryptominers use an enormous amount of energy. In response, the lawmakers ask the agencies to require that crypto-mining companies share data on their energy use and emissions.
Seven of the biggest crypto-mining companies in the US have the collective capacity to use over 1 gigawatt of electricity, according to the letter. That’s the equivalent of two standard coal plants...
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.