House Lawmakers Send Letters to 4 US Crypto Miners Asking for Details on Environmental Impact

“Blockchain technology holds immense promise that may make our personal information more secure and economy more efficient,” the letters said. “However, the energy consumption and hardware required to support [Proof-of-Work]-based cryptocurrencies may, in some instances, produce severe externalities in the form of harmful emissions and excess electronic waste (e-waste).”

Source: https://www.coindesk.com/policy/2022/08/18/house-lawmakers-send-letters-to-4-us-crypto-miners-asking-for-details-on-environmental-impact/?utm_medium=referral&utm_source=rss&utm_campaign=headlines