According to media reports, a committee of the US Congress is preparing to hold a session on the environmental impact of cryptocurrencies, especially that of Bitcoin (BTC) mining.
According to the news reported by The Block based on sources knowledgeable about the subject, the preparations are under the Energy and Commerce Committee within the Congress. Surveillance and Investigation Sub committee being run by.
The committee, among the names that will participate in the session, especially the Bitcoin blockchain proof-of-work (PoW) He wants to get information about the blockchains using the algorithm and the energy consumption caused by these blockchains.
Bans on cryptocurrency miners in China, the rapid growth of the mining market in the USA and the US in this area become a leader resulted in. This growth has sparked a backlash from some groups.
At the end of last year, Senator Elizabeth Warren sent a letter to the CEO of the New York-based mining company Greenidge, stating that the company’s mining activities threeconcerns about the environmental effects had expressed. In October, more than seventy environmental groups sent a letter to Congress, “Impacts of Proof of Work mining on climate, clean water and environmental justice” requested to be investigated.
According to the information in the news, the subcommittee has taken cryptocurrency mining on its radar recently, especially after the events in New York. Although the schedule of the session in question is not yet determined, could happen by the end of this month transferred.