US lawmakers begin probe into Bitcoin miners’ high energy use
Eight US lawmakers have come forward to push Bitcoin mining companies into revealing how much electricity they use for crypto mining, as cryptocurrency mining’s impact on energy is being felt across the globe.
The US Senators have sent letters to six companies that mine Bitcoin in the US, asking them about how much electricity they use, where it comes from, and how they plan to grow.
“Given the extraordinarily high energy usage and carbon emissions associated with Bitcoin mining, mining operations raise concerns about their impacts on the global environment, local ecosystems, and consumer electricity costs,” according to the letters.
