{"id":32535,"date":"2022-12-19T09:57:17","date_gmt":"2022-12-19T09:57:17","guid":{"rendered":"https:\/\/lydian.io\/?p=32535"},"modified":"2022-12-19T09:57:18","modified_gmt":"2022-12-19T09:57:18","slug":"us-lawmakers-appeal-directly-to-4-mining-companies-requesting-information-on-energy-use","status":"publish","type":"post","link":"https:\/\/lydian.io\/us-lawmakers-appeal-directly-to-4-mining-companies-requesting-information-on-energy-use\/","title":{"rendered":"US Lawmakers Appeal Directly to 4 Mining Companies, Requesting Information on Energy Use","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
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4 members of america Home of Representatives from the Power and Commerce Committee have requested responses from 4 main crypto mining corporations concerning the potential environmental impression of their vitality use.<\/p>\n
In letters Wednesday to Core Scientific, Marathon Digital Holdings, Riot Blockchain and Stronghold Digital Mining, US lawmakers Frank Pallone, Bobby Rush, Diana DeGette and Paul Tonko requested<\/a> Beginning in 2021, the businesses are offering data together with the vitality use of their mining property, the supply of that vitality, what proportion is from renewable vitality sources, and the way usually the businesses have curtailed operations. The 4 members of the Home Committee additionally inquired concerning the common price per megawatt-hour that corporations spent mining crypto at every of their respective services.<\/p>\n \"Blockchain expertise exhibits promise because it might make our private information safer and the financial system extra environment friendly,\" said<\/a> lawmakers in a letter to Riot CEO Jason Les. \"Nevertheless, the vitality consumption and {hardware} required to help PoW-based cryptocurrencies can, in some circumstances, trigger severe externalities within the type of dangerous emissions and extreme e-waste.\"<\/p>\n NEW: E&C leaders in the present day despatched a sequence of letters to crypto mining corporations demanding solutions on what they're doing to scale back their vitality use and offset their local weather impression. Learn extra right here https:\/\/t.co\/YDemVtZkVE<\/a><\/p>\n