Democratic Congressman Jared Huffman, who chairs a subcommittee within the Natural Resources Committee of the U.S. House of Representatives, backed more than 20 other Democrats. bitcoin and cryptocurrency He called on federal environmental officials to study the effects of mining.
“We Received Worrying Reports Regarding Bitcoin and Cryptocurrency Mining”
The letter signed by senators, including Brad Sherman and Jamaal Bowman from California, Alexandria Ocasio Cortez from New York, and Jesus G. Garcia and Marie Newman from Illinois, included the following phrases:
We have received alarming reports that cryptocurrency facilities in the country are polluting communities and playing a large role in greenhouse gas emissions. The effects of air, water and noise pollution have begun to be felt in people living in areas close to cryptocurrency mining facilities.”
In a letter sent this week to Environmental Protection Agency executive Michael Regan, Huffman, who is also a member of the House Election Committee on the Climate Crisis, praised the recent presidential order from US president Joe Biden. Regan supported Biden’s call for understanding the environmental impact of cryptocurrencies and promoting cleaner technologies during his presidential mandate.
“Energy Used for One BTC Transaction is Enough for an American Family for 1 Month”
Senators also used the following statements in the letter they sent:
“The energy used in a single Bitcoin transaction is enough for the average US household for a month. According to the researchers’ estimates, Bitcoin’s annual carbon emission level is equivalent to that of Greece.”
Democrats demanded that Proof of Stake mining technology, which they claim reduces energy consumption by 99.99%, should be encouraged to be used to verify cryptocurrency transactions.
After China’s Bitcoin (BTC) ban, the favorite country of miners became the USA.
*Not investment advice.