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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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    US-CRYPTOCURRENCY-CLIMATE-EMPLOYMENT-CHINA

     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.…

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