GOP Tells EPA Crypto Mining Can Be Good For Environment

17 June 2022

in Mining

Reading Time: 1 mins read

No, Russia did not just lift its ban on domestic crypto use

30 July 2024

New US Bitcoin Mining Hardware Creates B Opportunity, Could Disrupt China’s Mining Dominance: Bernstein – Canaan (NASDAQ:CAN)

New US Bitcoin Mining Hardware Creates $20B Opportunity, Could Disrupt China’s Mining Dominance: Bernstein – Canaan (NASDAQ:CAN)

30 July 2024

By Elise Hansen (June 17, 2022, 6:18 PM EDT) — Fourteen GOP lawmakers urged the U.S. Environmental Protection Agency to keep financial innovation in mind when reviewing cryptocurrency mining’s environmental implications, as well as the industry’s efforts to incorporate more sustainable energy.

The party’s Thursday letter called for a “comprehensive analysis” of the environmental effects of digital-asset mining. Signatories included members of the Senate Banking Committee, such as Sen. Cynthia Lummis, R-Wyo., who recently co-authored a wide-ranging cryptocurrency bill; and members of the House Committee on Financial Services, including its top-ranking Republican, Rep. Patrick McHenry from North Carolina.

Some of the energy used for cryptocurrency mining comes from renewable sources, while other mining…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Source link