Bitcoin miners rebut claims made by US Democratic legislators to EPA administ...
In a note authored by Michael Saylor, Nic Carter and Darin Feinstein, the Bitcoin Mining Council alleges that lawmakers can't tell the difference between a data center and a power plant. The Bitcoin Mining Council (BMC) responded to a letter sent to the United States Environmental Protection Agency (EPA) administrator Michael Regan by Democratic legislators last month with a letter of its own seeking to rectify inaccuracies about Bitcoin (BTC) mining and its environmental impact. Penned by MicroStrategy CEO Michael Saylor, Castle Island Ventures partner Nic Carter and Darin Feinstein of....
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U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives. Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the energy consumption of cryptocurrency mining and asking the agencies to require mining to report their emissions and energy use. Meanwhile, the Paraguayan Senate, the upper house of that country’s legislature, has passed a....
Several US Democrat legislators and electoral candidates have now written to the Democratic National Committee (DNC), calling for a change in the party’s approach toward the digital asset industry. This development comes as the Republican presidential candidate, Donald Trump has continued to gain more popularity as a cryptocurrency advocate ahead of the upcoming US elections. […]
After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments. Crypto Twitter has gone after Nic Carter, a prominent advocate of Bitcoin (BTC), for his involvement in Dynamic, a third-party wallet authentication project that could potentially prevent wallet transactions to be performed if a wallet is categorized as risky. In a tweet, Carter shared his excitement in backing the project, tweeting Dynamic's announcement about a recently completed $7.5 million raise led by Andreessen Horowitz (a16z). Following....
Crypto miners are in for a major showdown with legislators. The relatively low cost of providing electricity in New York is rapidly making the state a flourishing hub for cryptocurrency miners. However, several locals and environmental organizations have voiced concerns about the impact of pollution as a result of the state’s fast growth. On Friday, […]
[Note: One of our readers has complained about the shady nature of Miners Center as a Bitcoin mining firm. We are currently trying to get in touch with the owners of this company. Please visit this space soon to get a detailed version.]. [Update1: A mail that was sent to Miners Center official id was returned with an error. It seems like the id "[email protected] " doesn't exist and the claims made by readers were genuine. We truly apologize for the inconvenience caused by our writer.]