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Congress weighs cleaning up cryptocurrency mining in the US
- January 22, 2022
- Posted by: MasterAdmin
- Category: Altcoins
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The “Sandow Switch” that once was used by the Alcoa coal power plant now provides electricity for the Whinstone US Bitcoin mining facility in Rockdale, Texas, on October 9, 2021. | Photo by MARK FELIX/AFP /AFP via Getty Images
On Thursday, members of Congress debated how to make cryptocurrencies greener, as energy-intensive bitcoin mining booms in the US. One of the biggest questions was whether to use renewables to power the energy-hungry mining at the heart of bitcoin’s blockchain, or turn to other blockchains that don’t need as much energy in the first place.…
