US lawmakers appeal directly to 4 mining firms, requesting info on energy con...
Four members of the U.S. House Committee on Energy and Commerce said they were "deeply concerned" that Proof-of-Work mining could increase demand for fossil fuels. Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regards to the potential effects of their energy consumption on the environment.In letters dated Wednesday to Core Scientific, Marathon Digital Holdings, Riot Blockchain, and Stronghold Digital Mining, U.S. lawmakers Frank Pallone, Bobby Rush, Diana DeGette, and Paul Tonko....
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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 energy usage and carbon emissions associated with bitcoin mining could undermine our hard work to tackle the climate crisis — not to mention the harmful impacts cryptomining has on local environments and electricity prices,” Senator Warren wrote.
US Senators Want Answers From Top Bitcoin Mining Firms
U.S. Senator Elizabeth Warren (D-Mass.), a member of the....
“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies," said the letter. A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing with cryptocurrencies and Web3.In a Thursday notice, House Financial Services Committee chair Maxine Waters along with Representatives Joyce Beatty, Al Green, Bill Foster and Stephen Lynch penned a letter requesting U.S.-based crypto firms provide information on “how and....
In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities. United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental statutes.In a letter addressed to EPA administrator Michael Regan on Wednesday, Huffman said he and other Democratic House members had “serious concerns” around crypto firms in the United States reportedly....
Afterhundreds of bitcoins were stolen directly from the online wallets of Blockchain.info, not to be confused with the actual bitcoin blockchain, the website had some funds returned by a white-hat hacker named Johoe. The white-hat hacker noticed a slew of broken addresses and took some of the funds before malicious hackers could grab them and then returned the fund to Blockchain.info. Also read: Dan Held Leaves Blockchain.info for ChangeTip to Bring Bitcoin Micropayments Mainstream. Blockchain.info Emails Users. Now, to return the funds back to the original holders, George Mandrik sent out....
“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers. A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining.In a Thursday letter, many U.S. lawmakers including pro-Bitcoin Senator Cynthia Lummis and Representative Tom Emmer addressed EPA administrator Michael Regan, requesting the government agency analyze the potential impact of crypto mining in an effort to balance....