Initial estimates say cryptocurrency mining could account for up to 2.3 percent of total annual US electricity use.
Whinstone CEO Chad Harris walks into a room with Bitcoin mining machines at the Whinstone US Bitcoin mining facility in Rockdale, Texas, on October 10, 2021., crypto miners flocked to the United States in search of cheap electricity and looser regulations. In a few short years, the U.S.’s share of global crypto mining operations grewThe impacts of this shift have not gone unnoticed.
“This is nonpartisan data that’s collected from the miners themselves that no one else has,” said Mandy DeRoche, deputy managing attorney in the clean energy program at the environmental law nonprofit Earthjustice. “Understanding this data is the first step to understanding what we can do next.”Cryptocurrencies like bitcoin bypass the need for financial institutions by adding data to a public ledger, or “blockchain,” to verify all transactions.
“Given the emerging and rapidly changing nature of this issue and because we cannot quantitatively assess the likelihood of public harm, we feel a sense of urgency to generate credible data that would provide insight into this unfolding issue,” EIA Administrator Joseph DeCarolis wrote in the letter. The White House approved the survey on January 26.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
GoMining Introduces Liquid Bitcoin Hashrate to Lower Entry Barrier for Bitcoin MiningGoMining has introduced Liquid Bitcoin Hashrate (LBH) to make bitcoin mining more accessible by allowing holders to own a share of computing power that mines BTC daily, bypassing the complexities of building and maintaining a mining farm.
Weiterlesen »
Piedmont Lithium cuts 27% of workforce as prices plungeNo 1 source of global mining news and opinion
Weiterlesen »
Freeport-McMoRan names Kathleen Quirk as CEONo 1 source of global mining news and opinion
Weiterlesen »
Copper price rises on China’s support measuresNo 1 source of global mining news and opinion
Weiterlesen »
Alaska Native Tribes pressure Canada for rights in Unuk River mining projectSoutheast Alaska tribes have long demanded a seat at the table in how Canada manages mining projects that affect lands and waters across its border.
Weiterlesen »
Cybertruck: Musk needs minesNo 1 source of global mining news and opinion
Weiterlesen »