Crypto miners aren't honest about power use – time for a crackdown
Cryptocurrency miners can't be trusted to give honest information about the power they use so a group of Senators and Representatives want the federal government to compel them to be transparent.
The sextet said they reached out to seven of the largest cryptomining companies in the US to get information about their facilities, energy sources, consumption, and climate impact of their operations. The group contacted Riot, Bit Digital, Bit Deer, Stronghold, Marathon, Greenidge, and Bitfury. The most notably obfuscated reply came from Riot, and led the letter writers to question self-reported sustainability metrics. According to the letter to the EPA and DoE, Riot told the representatives that its Coinmint facility in Oklahoma ran almost entirely on hydroelectricity.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
India’s Internet Association quits crypto-boostingIndia's Internet Association ends crypto advocacy to do something more productive
Lire la suite »
Japan struggles with self-regulation during crypto meltdown\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Lire la suite »
Alibaba execs hauled in to discuss Shanghai Police data leakPlus: Weibo cracks down on political puns; Singaporean crypto biz Vauld restructures; Philippines fights Facebook rumors
Lire la suite »
How to know whether you should take a career break or quit your job for goodThis week, the Honest Boss helps navigate the fear of great opportunities.
Lire la suite »
Primary school left with huge repair bill as thugs trash outdoor hutsThe wooden huts at St. Elizabeth's Primary School on William Drive suffered 'substantial damage' in the incident. Officers believe the incident took place between July 7 and July 14.
Lire la suite »
Japan struggles with self-regulation during crypto meltdown\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Lire la suite »