US lawmakers probe into crypto mining companies’ energy use

  • 📰 verge
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

They want to know how much clean energy they’re using.

that now burn coal waste exclusively to mine Bitcoin. The company says on its website that, by burning coal waste, it’s helping to clean up “areas that have been ravaged by its presence.” But once burned, the waste pollutes the air and heats up the planet. The EPA has recently

That argument, however, is still largely theoretical. The answers to the questions in the letter lawmakers sent might reveal whether the companies are actually running on clean or dirty energy. There’s somethat miners would be willing to modify the hours during which they run their equipment in order to best make use of renewable energy. The machines typically run 24/7 to maximize profits — not just during daytime when solar power is available.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

all i see in that picture is a shitload of wasted silicon chips…

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in CA

Canada Canada Latest News, Canada Canada Headlines