The House Energy and Commerce Committee heard witness testimony on crypto’s power consumption, and renewables' role in making the industry sustainable.
Cryptocurrency mining is booming in the US, which could have big impacts on the environment, climate goals, and nation’s grid. The House Energy & Commerce Committee debated alternatives for cleaning up cryptocurrency networks in an oversight hearing.
Experts Submit Testimonies on Energy Impact of Crypto Mining in US : Rashtra News #Experts #Submit #Testimonies #Energy #Impact #Crypto #Mining The negative impact that crypto mining has put on power grids in several parts of the world, has become a matter of major concerns for many countries. The situation is the same in the […]
Brian Brooks, John Belizaire, Steve Wright, Ari Juels, and Gregory Zerzan are the five industry experts who have submitted their written testimonies to the US authorities. Encouraging clean energy-powered crypto mining emerged as a common solution.