A group of Democrats led by Sen. Elizabeth Warren cited "disturbing" energy levels, calling on the Environmental Protection Agency and the Department of Energy to crack down on the controversial industry.The letter was signed by four senators and two representatives.
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Calls on regulators to force crypto miners to disclose their carbon emissions and energy use Environmentalists have long expressed concerns about Bitcoin and other energy-hungry proving tokens. And global cryptocurrencies are expected to consume more energy than entire countries such as Venezuela and Finland.
in the United States Only seven companies are generating more than 1.045 gigawatts of capacity for crypto mining purposes, the report states, “This is enough capacity to power all homes in Houston, state. Texas.” The mining farms highlighted in the report are run by Stronghold, Greenidge, Bit Digital, Bitfury, Bitdeer, Marathon, and Riot.