The White House Wants Crypto Mining Companies To Share How Much Energy They Use To Win Regulators' Favor | Crypto
Crypto Shorts Daily News Bulletin

The White House Wants Crypto Mining Companies To Share How Much Energy They Use To Win Regulators’ Favor

Mohak Agarwal

– The U.S. White House has released a report that details the environmental concerns around industrial-scale crypto mining.
– The report recommends that mining operations should be assessed for risk in accordance with federal energy standards, and that data should be made available to regulators.
– The report challenges the belief that mining will promote the development of more renewable energy sources.
– According to the report, global energy demands for crypto mining hover between 120 and 140 kilowatt-hours per year.
– The report notes that crypto mining is impacting local communities, including through air and noise pollution.

0x0 16 The White House Wants Crypto Mining Companies To Share How Much Energy They Use To Win Regulators' Favor
In, , ,

Leave a Reply

More Stories