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{"id":625,"date":"2022-03-02T15:31:43","date_gmt":"2022-03-02T15:31:43","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/03\/02\/congress-weighs-cleaning-up-cryptocurrency-mining-in-the-us\/"},"modified":"2022-03-02T15:31:43","modified_gmt":"2022-03-02T15:31:43","slug":"congress-weighs-cleaning-up-cryptocurrency-mining-in-the-us","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/03\/02\/congress-weighs-cleaning-up-cryptocurrency-mining-in-the-us\/","title":{"rendered":"Congress weighs cleaning up cryptocurrency mining in the US"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/1\/20\/22893720\/us-congress-hearing-cryptocurrency-energy-bitcoin-mining<\/a>
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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\u2019s blockchain, or turn to other blockchains that don\u2019t need as much energy in the first place. <\/p>\n

The debate took place during an oversight hearing<\/a> on the \u201cenergy impacts of cryptocurrency\u201d held by the House Energy & Commerce Committee. The US became the de facto epicenter for bitcoin mining last year, after China clamped down on mining within its borders \u2014 in part because of how much energy bitcoin uses. That transition could have big implications for the already strained power grid in the US, as well as the Biden administration\u2019s ability to meet its ambitious climate change goals.<\/p>\n

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